A random sample of n items is to be taken from a distribution with mean and

Question:

A random sample of n items is to be taken from a with mean Î¼ and standard deviation Ïƒ.
a. Use the Chebyshev inequality to determine the smallest number of items n that must be taken in order to satisfy the following relation:

b. Use the central limit theorem to determine the smallest number of items n that must be taken in order to satisfy the relation in part (a) approximately.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...