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?
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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.
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