When Using the Chebyshev's Theorem to Obtain the Bounds for a 99.73

question 64

Multiple Choice

When using the Chebyshev's theorem to obtain the bounds for a 99.73 percent of the values in a population,the interval generally will be ___________ the interval obtained for the same percentage if normal distribution is assumed (empirical rule) .

• A)Shorter than
• B)Wider than
• C)The same as

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Definitions:

Functional Structure

A method of organizing a company where the business is divided into departments based on their functions, such as marketing, sales, and accounting.

Multinational Corporation

A large company that operates and invests in multiple countries outside of its home country.

Public Relations

The practice of managing and disseminating information from an individual or an organization to the public to influence their perception.

Divisional Structure

An organizational framework where operations are grouped based on divisions, which could be organized by product lines, geographical locations, or customer segments.