Using Chebyshev's Theorem for Standard Deviation, Calculate the Percentage of Data

question 18

Multiple Choice

Using Chebyshev's theorem for standard deviation, calculate the percentage of data that lie within five standard deviations of the mean.

• A) 89%
• B) 75%
• C) 96%
• D) 50%

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Cash Value

The value of the investment portion of a whole life insurance policy.

S&P 500

A stock market index that measures the stock performance of 500 of the largest companies listed on stock exchanges in the United States.

Pre-Tax Retirement Account

A savings account designed for retirement that allows individuals to contribute pre-tax income, with taxes deferred until withdrawal.

Compounded Monthly

The process of adding interest to the principal sum of a loan or deposit, where the interest is calculated on a monthly basis.