If the distribution of Y is b(n, 0 5), give a lower bound for P( Y n 0 5 0 08) when (a) n 100 (b) n 500 (c) n 1000 ...

If the distribution of Y is b(n, 0.5), give a lower bound for P(|Y/n 0.5| <

Question:

If the of Y is b(n, 0.5), give a lower bound for P(|Y/n − 0.5| < 0.08) when
(a) n = 100.
(b) n = 500.
(c) n = 1000.
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...