In Its Standard Form, Chebyshev's Theorem Provides a Lower Bound

question 41

Multiple Choice

In its standard form, Chebyshev's theorem provides a lower bound on ________.

• A) the number of observations lying within a certain interval
• B) the number of observations lying outside a certain interval
• C) the proportion (or percentage) of observations lying within a certain interval
• D) the proportion (or percentage) of observations lying outside a certain interval

---

Definitions:

Absolute Poverty

A condition where individuals or families are unable to meet their basic needs for survival, such as food, shelter, and healthcare.

Global Poverty

The condition of lacking necessary financial resources and basic needs on a worldwide scale, affecting billions of individuals in various countries, especially in developing regions.

Transnational Corporation

A massive enterprise that operates and manages production or delivers services in more than one country.

International Monetary Fund

An international organization created to promote global monetary cooperation, secure financial stability, facilitate international trade, and reduce poverty around the world.