Chebyshev's Theorem
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Tap a term to see what it means, or .
Calculate
Example: salaries at a company have a mean of $3,000 and a standard deviation of $500, but the shape of the distribution is unknown. At minimum, what share of salaries falls between $2,000 and $4,000? Change the values to work out your own case.
Step by step
What each term means
- Probability (P)
- The probability of an event. In Chebyshev's theorem, it is the probability that the random variable lies a certain distance from the mean.
- Absolute Value |X - μ|
- The distance between the random variable X and its mean μ. The absolute value measures the distance regardless of direction (above or below the mean).
- Constant k (k)
- A positive real number (k > 0) giving how many standard deviations we are considering. For example, k = 2 means 2 standard deviations from the mean.
- Standard Deviation (σ)
- The standard deviation of the random variable X, which measures how spread out the data are around the mean. It is the square root of the variance.
- One (1)
- The numerator of the fraction that bounds the maximum probability.
- k Squared (k²)
- The denominator of the fraction. The larger k is, the smaller 1/k² gets, meaning values far from the mean are less likely. For example, with k = 2, P(|X - μ| ≥ 2σ) ≤ 1/4 = 0.25: at most 25% of the data lie more than 2 standard deviations from the mean.