expected_time = 1000/100
expected_time
## [1] 10
fZ(z) = (1/2)λe−λ|z|
knitr::include_graphics("Q14.jpg")
Exercise 1 Page 320 Let X be a continuous random variable with mean µ = 10 and variance σ2 = 100/3. Using Chebyshev’s Inequality, find an upper bound for the following probabilities.
v_x <- 100/3
sigma <- sqrt(v_x)
k <- 2/sigma
1/(k^2)
## [1] 8.333333
k <- 5/sigma
1/(k^2)
## [1] 1.333333
k <- 9/sigma
1/(k^2)
## [1] 0.4115226
k <- 20/sigma
1/(k^2)
## [1] 0.08333333