Solution Found!
Let Y be a random variable with mean 11 and variance 9
Chapter 3, Problem 3.167(choose chapter or problem)
Let Y be a random variable with mean 11 and variance 9. Using Tchebysheff’s theorem, find
a. a lower bound for \(P(6<Y<16)\).
b. the value of C such that \(P(|Y-11| \geq C) \leq .09).
Questions & Answers
QUESTION:
Let Y be a random variable with mean 11 and variance 9. Using Tchebysheff’s theorem, find
a. a lower bound for \(P(6<Y<16)\).
b. the value of C such that \(P(|Y-11| \geq C) \leq .09).
ANSWER:Step 1 of 2
a) We have to lower bound for \(P(6<Y<16)\)
Given mean=11
And Variance \(\left(\sigma^{2}\right)=9\)
\(\sigma=3\)
By Tchebysheff’s theorem \(P(|Y-\mu|<k \sigma) \geq 1-\frac{1}{k^{2}}\)
\(\begin{array}{l} P(-k \sigma<(Y-\mu)<k \sigma) \geq 1-\frac{1}{k^{2}} \\ P(\mu-k \sigma<Y<\mu+k \sigma) \geq 1-\frac{1}{k^{2}} \end{array}\)
Here given that \(P(6<Y<16)\)
Now \(\mu-k \sigma=6\) and \(\mu+k \sigma=16\)
11 - 3k = 6 and 11 + 3k = 16
By solving the above 2 equations we can get the values of ‘k’
Then k = 5/3
Now
\(\begin{aligned}P(6<Y<16) \geq & 1-\frac{1}{(5 / 3)^{2}} \\ & =1-(9 / 25) \\ & =16 / 25 \\ & =0.64 \end{aligned}\)
Hence the lower bound is 0.64
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Let Y be a random variable with mean 11 and variance 9
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