Questions: Page 10 of 21
Question 9
5 Points
When cereal is packaged, the actual amount of of cereal varies from box to box. Suppose a sample indicates that the mean weight of cereal in a 13 -ounce box is 13 ounces with a standard deviation of 2 ounces. Use Chebyshev's inequality to find the minimum probability that a box will be within 4 ounces of the mean weight. (Round your answer to 4 decimal places.)
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Transcript text: Page 10 of 21
Question 9
5 Points
When cereal is packaged, the actual amount of of cereal varies from box to box. Suppose a sample indicates that the mean weight of cereal in a 13 -ounce box is 13 ounces with a standard deviation of 2 ounces. Use Chebyshev's inequality to find the minimum probability that a box will be within 4 ounces of the mean weight. (Round your answer to 4 decimal places.)
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Solution
Solution Steps
To solve this problem, we will use Chebyshev's inequality, which states that for any random variable with a finite mean and variance, the probability that the variable lies within \( k \) standard deviations of the mean is at least \( 1 - \frac{1}{k^2} \). Here, we need to find the probability that the weight is within 4 ounces of the mean, which corresponds to \( k = \frac{4}{2} = 2 \).
Step 1: Identify Given Values
We are given the mean weight of cereal in a 13-ounce box as \( \mu = 13 \) ounces and the standard deviation as \( \sigma = 2 \) ounces. We need to find the minimum probability that a box will be within 4 ounces of the mean weight.
Step 2: Apply Chebyshev's Inequality
Chebyshev's inequality states that for any random variable with a finite mean and variance, the probability that the variable lies within \( k \) standard deviations of the mean is at least \( 1 - \frac{1}{k^2} \).
Here, we need to find the probability that the weight is within 4 ounces of the mean. This corresponds to \( k = \frac{4}{\sigma} = \frac{4}{2} = 2 \).