Price of electricity: The Energy Information Administration records the price of electricity in the United States each m
Posted: Thu Feb 17, 2022 11:01 am
Price of electricity: The Energy Information Administration records the price of electricity in the United States each month. In July 2013, the average price of electricity was 11.91 cents per kilowatt-hour. Suppose that the standard deviation is 2.20 cents per kilowatt-hour. What can you determine about these data by using Chebyshev's Inequality with K-3? At least D % of the data fall between and cents per kilowatt-hour (Round answers to two decimal places as necessary.)