Practice Using Chebyshev's Inequality
Practice Using Chebyshev's Inequality
Mar 7, 2017
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Chebyshev's inequality, (see Exercise 44 Chapter 3 ), is valid ... …
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Prove the following analogue of Chebyshev's inequality where the absolute first moment is used in place of the second moment: P(|X-m|>c) ≤(1)/(-) E(|X-m|) | Numerade
Prove the following analogue of Chebyshev's inequality where the …
Nov 12, 2023
numerade.com
We saw that if we want to have a probability of at least 95% that the poll results are within 1 percentage point of the truth, Chebyshev's inequality recommends a sample size of n=50,000 . This is very large compared to what is done in practice. Newspaper polls use smaller sample sizes for various reasons. For each of the following, decide whether it is a valid reason. In the real world, a) the accuracy requirements are looser.b) the Chebyshev bound is too conservative. c) the people sampled are
We saw that if we want to have a probability of at least 95% that th…
Sep 7, 2023
numerade.com
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