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Tchebysheff’s Theorem
Given a list of data L1 = x , x , x …… and k a real number greater than 0, then at least 1- [1/(k^2)] of the observations lie within k standard deviations of the mean.
Central Area
The area under a density curve and above the x-axis, bounded above and below, and is symmetric about the mean.
Critical Value
A domain value either x or z , that captures a fixed area beneath a density curve. The superscript “star” designates such a value.
Density Curves, Axiom 1
A density curves always lie on or above the x-axis.
Density Curves, Axiom 2
The total area under a density curve is equal to 1.
Density Curves, Axiom 3
A density curve is a complete description of the overall pattern.
Density Curves, Axiom 4
The area under a density curve and above the x-axis, bounded below and above, equals the probability of a randomly selected observation landing in that interval
The Empirical Rule
States that a distribution is approximately Normal if and only if…
Empirical Rule I
approximately 68% of the data are contained inside
Empirical Rule II
approximately 95% of the data are contained inside
Empirical Rule III
approximately 99.7% of the data are contained inside
Z-Score
The standardized value in the Z-domain giving distance from the mean, and associated with the corresponding X-domain given in the problem (usually from a sample).