a) Write Chebyshevs inequality both for discrete and continuous random variables without proof. b) When Chebyshevs inequality
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Question:
a) Write Chebyshev’s inequality both for discrete and continuous random variables without proof.
b) When Chebyshev’s inequality doesn’t give any information about the spread of a random variable?
c) Compare Chebyshev’s inequality with 68-95-99.7 rule in the case of normally distributed random variable. Which one gives stronger result in this case?
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