% of observations within k standard deviation is at least:
1-1/k2
Where: k>1 regardless of the shape of the distribution, represents as the deviations of the mean.
Example:
If using k=2, 75% of observations lie within ±2 standard deviation of mean.
% of observations within k standard deviation is at least:
1-1/k2
Where: k>1 regardless of the shape of the distribution, represents as the deviations of the mean.
Example:
If using k=2, 75% of observations lie within ±2 standard deviation of mean.
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