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Suppose that it is known that the number of items produced at a factory per week is a random variable X with mean 50. a) What can we say about the probability X greater than or equal to 75? b) Suppose that the variance of X is 25. What can we say about P(40 < x < 60)?

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Answer:

a.
P(x\geq 75)\leq 0.67

b.P(40<x<60)
\geq0.75

Explanation:

We are given that

Mean =E(X)=50

a.We have to find the probability when x greater than or equal to 75.

Markovs inequality


P(x\geq k)\leq (E(X))/(k)

By using Markovs inequality and substitute k=75


P(x\geq 75)\leq (E(x))/(75)


P(x\geq 75)\leq (50)/(75)=(2)/(3)=0.67


P(x\geq 75)\leq 0.67

b.We have to find P(40<x<60)

Variance=
\sigma=25

Chebyshev's inequality:
P(\mid X-E(X)\geq k)\leq (\sigma^2)/(k^2)

Because 50+10=60 and 50-10=40

Therefore, k=10

By using Chebyshev's inequality and substitute k=10

because 50+10=60 and 50-10=40


P(\mid x-50\mid \geq 10)\leq ((25)^2)/(10^2)


P(\mid x-50\mid \geq 10)\leq (1)/(4)


P(\mid x-50\mid <10)\geq 1-(1)/(4)=(3)/(4)=0.75

Hence, P(40<x<60)
\geq0.75

User Jeconom
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