March 30, Monday
The probability of an individual getting affected by C* virus is 0.001. If the population of the world is 8 billion, what is the upper bound using Markov inequality on the probability that more than 100 million people are affected? (any resemblance to reality is purely coincidental)
The average annual income of an Indian household is 2 Lakhs and the standard deviation is 1 Lakh. Given that the number of households in India is 240.1 million, using Chebyshev inequality, obtain the upper bound on the number of households with annual income exceeding 1 crore.
A copy of your responses will be emailed to the address you provided.
Page 1 of 1
This content is neither created nor endorsed by Google.
Terms of Service