7. The expected number of people showing up for an event has mean 75,000 and variance 5, 000². (a) Give an upper bound on the probability of having fewer than 65,000 or more than 85,000 people? (b) Give an upper bound on the probability of having fewer than 60,000 or more than 90,000 people?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
**Problem 7: Probability Upper Bound for Event Attendance**

The expected number of people showing up for an event is characterized by a mean of 75,000 and a variance of \(5,000^2\).

**(a)** What is the upper bound on the probability of having fewer than 65,000 or more than 85,000 people?

**(b)** What is the upper bound on the probability of having fewer than 60,000 or more than 90,000 people?
Transcribed Image Text:**Problem 7: Probability Upper Bound for Event Attendance** The expected number of people showing up for an event is characterized by a mean of 75,000 and a variance of \(5,000^2\). **(a)** What is the upper bound on the probability of having fewer than 65,000 or more than 85,000 people? **(b)** What is the upper bound on the probability of having fewer than 60,000 or more than 90,000 people?
Expert Solution
Step 1

Introduction:

Denote X as the number of people showing up for an event.

It is given that X has a mean of μ = 75,000, and variance of σ2 = 5,0002, so that the standard deviation is, σ = 5,000.

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON