Suppose that a probability distribution has mean 8 and standard deviation .4. Use the Chebychev inequality to

Question:

Suppose that a probability has mean 8 and standard deviation .4. Use the Chebychev inequality to estimate the probability that an outcome will lie from
(a) 6 to 10.
(b) 7.2 to 8.8.
(c) 7.5 to 8.5.
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...