Chebyshev’s inequality gives the proportion of values within k standard deviations around the mean for any shape of the distribution of values. Therefore, 2 standard deviations from the mean will cover more values under Chebyshev’s inequality than under normal distribution.AFalseBTrue
Question
Chebyshev’s inequality gives the proportion of values within k standard deviations around the mean for any shape of the distribution of values. Therefore, 2 standard deviations from the mean will cover more values under Chebyshev’s inequality than under normal distribution.AFalseBTrue
Solution
BTrue
Chebyshev’s inequality states that for any distribution, the proportion of values within standard deviations from the mean is at least . For , this means at least or 75% of the values lie within 2 standard deviations of the mean.
In a normal distribution, approximately 95% of the values lie within 2 standard deviations of the mean. Therefore, Chebyshev’s inequality guarantees a minimum of 75%, which is less than the 95% for a normal distribution. Hence, the statement that 2 standard deviations from the mean will cover more values under Chebyshev’s inequality than under normal distribution is false.
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