Final answer:
Using Chebyshev's rule with k = 2, at least 75% of the observations in a data set will lie within two standard deviations to either side of the mean, regardless of the shape of the data's distribution.
Step-by-step explanation:
The student is asking for the application of Chebyshev's rule to determine a lower bound on the percentage of exam scores that fall within two standard deviations from the mean.
Chebyshev's rule is a statistical theorem that provides a way to estimate the minimum proportion of observations within a certain number of standard deviations from the mean, without making any assumptions about the underlying distribution of the data.
To calculate the lower percentage bound using Chebyshev's rule for k standard deviations from the mean:
Determine the value of k. In this case, k = 2.
Use the formula 1 - (1 / k2) to find the proportion (as a percentage) of values that fall within k standard deviations from the mean.
Substitute the value of k into the formula to calculate the lower bound.
For k = 2:
1 - (1 / 22) = 1 - (1 / 4) = 1 - 0.25 = 0.75 or 75%
Therefore, according to Chebyshev's rule, at least 75% of the observations fall within two standard deviations of the mean.