Chebysheff's Theorem States That the Percentage of Observations in a Data

question 228

True/False

Chebysheff's Theorem states that the percentage of observations in a data set that should fall within five standard deviations of their mean is at least 96%.

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Definitions:

Measurement Consistency

The degree to which a measurement tool or procedure yields the same results under consistent conditions over time.

Reliability

The degree to which an assessment tool produces stable and consistent results over time.

Higher Values

Principles or standards considered to be of supreme importance, guiding moral behavior or reflecting the ideals of society.

Employee Referrals

A hiring method where current employees recommend candidates for open positions within the organization, often rewarded with incentives for successful hires.