Compute a 75% Chebyshev interval around the mean for x values and also for y values.

Compute a 75% Chebyshev interval around the mean for x values and also for y values. (Round your answers to two decimal places.)
Mean for x: 10.5
Mean for y: 8.9
What is the lower limit for x?
What is the upper limit for x
What is the lower limit for y?
What is the upper limit for y?

The Correct Answer and Explanation is:

To compute a 75% Chebyshev interval around the means of the given data points, we can use Chebyshev’s inequality, which states that for any ( k > 1 ), at least ( 1 – \frac{1}{k^2} ) of the data falls within ( k ) standard deviations of the mean. For a 75% interval, we can determine ( k ) as follows:

[
1 – \frac{1}{k^2} = 0.75
]
[
\frac{1}{k^2} = 0.25 \implies k^2 = 4 \implies k = 2
]

This means that at least 75% of the data falls within 2 standard deviations of the mean.

Step-by-Step Calculation:

  1. Determine the Mean Values:
  • Mean for ( x ) (( \mu_x )) = 10.5
  • Mean for ( y ) (( \mu_y )) = 8.9
  1. Standard Deviations:
  • For this problem, we will need the standard deviations (( \sigma_x ) and ( \sigma_y )). However, since they are not provided, let’s denote the standard deviations as ( \sigma_x ) and ( \sigma_y ).
  1. Calculate the Chebyshev Interval:
  • The lower and upper limits for ( x ) and ( y ) can be calculated using the formulas:
    • Lower limit for ( x ) = ( \mu_x – k \cdot \sigma_x )
    • Upper limit for ( x ) = ( \mu_x + k \cdot \sigma_x )
    • Lower limit for ( y ) = ( \mu_y – k \cdot \sigma_y )
    • Upper limit for ( y ) = ( \mu_y + k \cdot \sigma_y )

Given that ( k = 2 ):

Formulas for the Limits:

  • For ( x ):
  • Lower limit for ( x ) = ( 10.5 – 2\sigma_x )
  • Upper limit for ( x ) = ( 10.5 + 2\sigma_x )
  • For ( y ):
  • Lower limit for ( y ) = ( 8.9 – 2\sigma_y )
  • Upper limit for ( y ) = ( 8.9 + 2\sigma_y )

Final Calculation (with Sample Standard Deviations):

If we had specific values for ( \sigma_x ) and ( \sigma_y ), we could compute exact limits. For example, if we assume:

  • ( \sigma_x = 1.5 ) and ( \sigma_y = 2.0 ):
  1. For ( x ):
  • Lower limit for ( x ) = ( 10.5 – 2(1.5) = 10.5 – 3 = 7.5 )
  • Upper limit for ( x ) = ( 10.5 + 2(1.5) = 10.5 + 3 = 13.5 )
  1. For ( y ):
  • Lower limit for ( y ) = ( 8.9 – 2(2.0) = 8.9 – 4 = 4.9 )
  • Upper limit for ( y ) = ( 8.9 + 2(2.0) = 8.9 + 4 = 12.9 )

Conclusion

The lower and upper limits based on our assumed standard deviations would be:

  • Lower limit for ( x ): 7.50
  • Upper limit for ( x ): 13.50
  • Lower limit for ( y ): 4.90
  • Upper limit for ( y ): 12.90

Thus, we conclude that Chebyshev’s inequality provides a reliable way to estimate the spread of data around the mean, accommodating various distributions.

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