3 ms·
Five standard deviations is not four percent, it is in the 1 in 3 Million range.
by lanstin 5y ago
Five standard deviations is not four percent, it is in the 1 in 3 Million range.
- FabHK 5y agoYes, for a normal, which is known to have extremely thin tails (decaying with a squared exponential!). Chebyshev's bound holds for any possible distribution (with finite variance).