Question a sample of the salaries of assistant professors, Ask an Expert

Management Studies

Question: A sample of the salaries of assistant professors on the business faculty at a local university revealed a mean income of $72,000 with a standard deviation of $3,000.

a. Using Chebyshev's Theorem, what percentage of the faculty earns at least $66,000 but no more than $78,000?

b. Using Chebyshev's Theorem, what percentage of the faculty earns at least $63,000 but no more than $81,000?

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