According to Tchebysheff's Theorem, at least 96% of observations should fall within 5 standard deviations of the mean.

Name: According to Tchebysheff's Theorem, at least 96% of observations should fall within 5 standard deviations of the mean.
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Quizplus · Accepted Answer

Tchebysheff's Theorem states that at least 1 - (1/k^2) of observations will fall within k standard deviations of the mean. Therefore, when k = 5, at least 1 - (1/5^2) = 1 - (1/25) = 0.96 or 96% of observations will fall within 5 standard deviations of the mean.

According to Tchebysheff's Theorem, at Least 96% of Observations Should