Question:

A major cab company in Chicago has computed its mean fare

Last updated: 5/8/2023

A major cab company in Chicago has computed its mean fare

A major cab company in Chicago has computed its mean fare from O Hare Airport to the Drake Hotel to be 27 27 with a standard deviation of 3 37 Based this information complete the following statements about the distribution of the company s fares from O Hare Airport to the Drake Hotel a According to Chebyshev s theorem at least 89 of the fares lie between 18 845 dollars and 35 695 dollars b According to Chebyshev s theorem at least 75 of the fares lie between 20 53 dollars and 34 01 dollars c Suppose that the distribution is bell shaped According to the empirical rule approximately 95 of the fares lie between 20 53 dollars and 34 01 dollars d Suppose that the distribution is bell shaped According to the empirical rule approximately 99 7 of the fares lle between 17 16 dollars and 37 38 dollars X