Suppose that prices of recently sold homes in one neighborhood have a mean of $260,000 with a standard deviation of $3300. using chebyshev's theorem, state the range in which at least 75% of the data will reside. do not round your answers.

Between (253400;256600)

Step-by-step explanation:

Data given

reprsent the population mean

represent the population standard deviation

The Chebyshev's Theorem states that for any dataset

Or in general words "For any set of data (either population or sample)  and for any constant k greater than 1, the  proportion of the data that must lie within k  standard deviations on either side of the mean  is at least:

So using this theorem and the part "We have at least 75% of all the data within two deviations from the mean". And using the theorem we have this:

And solving for k we have this:

So then we need the limits between two deviations from the mean in order to have at least 75% of the data will reside.

Lower bound:

Upper bound:

So the final answer would be between (253400;256600)

coins of silver or gold

step-by-step explanation: