Question: Let X be a positive random variable with = 50 and 2 = 25. (a) What can you say about P(X 60)
Let X be a positive random variable with μ = 50 and σ2 = 25.
(a) What can you say about P(X ≥ 60) using Markov’s inequality?
(b) What can you say about P(X ≥ 60) using Chebyshev’s inequality?
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