This is not really a homework problem, but it looks like a rather easy problem that I can't quite figure out.
So I have a graph like shown in the attachment: a quantity vs time graph with some data points. I had no problem finding the average, but now I want to find both an upper and lower limits that would enclose 80% of the data points (so like what I have drawn in the graph). My question is: how can I do that using a simple program like Excel?
I tried applying Chebycheff's Inequality
For 80% of the data points, I found the number of standard deviations from the average would be SquareRoot 5. So (SquareRoot 5 * Standard Deviation)/2 , and then add and subtract that from the average to find the limits.
The Attempt at a Solution
Chebycheff's Inequality worked for most graphs. However, for some graphs, I would get a negative value for the lower limit and that's not what I want to see.
Thanks for the help!
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