If X is a random variable with mean 33 and variance 16, use Chebyshevs inequality to find (a) A lower bound for P(23 < X < 43). (b) An upper bound for P(|X 33| 14).

---- → SECTION 4.1 ← ---- Introduction A ‘Statistical Experiment’ is any process or study which results in the collection of data, the outcome of which is unknown. Any characteristic that can be measured or categorized is called a ‘Variable’. If a variable can assume a number of different values such that any particular outcome is determined by...