19. The value of the standard deviation may be either positive or negative, while the value of the variance
will always be positive.
20. While Chebyshev’s theorem applies to any distribution, regardless of shape, the empirical rule applies
only to distributions that are bell-shaped and symmetrical.
21. The mean of fifty sales receipts is $65.75 and the standard deviation is $10.55. Using Chebyshev’s
theorem, at least 75% of the sales receipts were between $44.65 and $86.85.
22. The median of a set of data would be more representative than the mean of that data set when the
average of the data values is larger than most of the values.
23. If the coefficient of correlation r = +1, then the best-fit linear equation will actually be satisfied by all
of the data points.
24. The standard deviation is the square of the variance.
25. According to Chebyshev’s theorem, at least 93.75% of observations should fall within 4 standard
deviations of the mean.
26. The coefficient of correlation indicates the direction and the strength of the linear relationship between
two variables.
27. If the coefficient of correlation r = 0, then there is no linear relationship whatsoever between the
dependent variable y and the independent variable x.
28. Chebyshev’s theorem states that the percentage of observations in a data set that should fall within 5
standard deviations of their mean is at least 96%.
29. The empirical rule states that the percentage of observations in a data set (provided that the data set has