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

Name: According to Tchebysheff's Theorem, at least 96% of observations should fall within five 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 fall within k standard deviations of the mean. Therefore, for k=5, at least 1 - (1/5^2) = 96% of observations will fall within five standard deviations of the mean.

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