The distribution of dollars paid for car insurance by car ow

The distribution of dollars paid for car insurance by car owners in a major east coast city is bell-shaped with a mean equal to $750 every six months and a standard deviation equal to $100. Based on this information we can use Tchebysheff\'s theorem to determine the conservative percentage of car owners that will pay between $550 and $950 for car insurance

A) True

B) False

Solution

True it is.[u ± 2 * s.d] values are calculated.