Find the best value of c so that P(X ¥ 5) ¤ c using Markovs and Chebyshevs

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Find the best value of c so that P(X ‰¥ 5) ‰¤ c using Markov€™s and Chebyshev€™s inequalities, filling in the subsequent table. Compare with the exact probabilities.

Distribution Markov Chebyschev Exact Probability Pois(2) Exp(1/2) Norm(2, 4) Geom(1/2)

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