The Mean Monthly Income of a Group of College Students

question 52

Short Answer

The mean monthly income of a group of college students is $500; the standard deviation is $20. According to Chebyshev's theorem, at least what percent of the incomes will lie between $400 and $600? _______________________

---

Definitions:

Job Performance

The quantity and quality of task accomplishment by an individual or group.

Quantity and Quality

Two dimensions used to evaluate performance or output, where quantity refers to the amount produced and quality to the standard of the finished product.

Organisational Outputs

The results or products that come as a consequence of the operations and processes of an organization.

Vertical Loading

A management technique that involves giving employees more responsibility and authority, enhancing their job role.