QUESTIONS 19 THROUGH 32 RELATE TO QUANTITATIVE METHODS

21. A sample of 438 observations is randomly selected from a population. The mean of the

sample is 382 and the standard deviation is 14. Based on Chebyshev’s inequality, the

endpoints of the interval that must contain at least 88.89% of the observations are closest

to:

A. 340 and 424.

B. 354 and 410.

C. 396 and 480.

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