Let X1, X2,... be nonnegative i.i.d. random variables with E(X) = 3 and Var(Xk) = 1. (a) (2 points) Use Markov's inequality to give an upper bound on P(X1> 5). (b) (2 points) Use Chebyshev's inequality to estimate P(|X1 – 3| > 2). (c) (5 points) Give a number n so that X1+.+Xn P(|조i++Xn _3|> 2) < 10. n Briefly justify your answer.

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Let X1, X2,... be nonnegative i.i.d. random variables with E(Xk) = 3 and Var(Xk) = 1.
(a) (2 points) Use Markov's inequality to give an upper bound on P(X1> 5).
(b) (2 points) Use Chebyshev's inequality to estimate P(|X1 – 3| > 2).
-
(c) (5 points) Give a number n so that
X1+ +Xn
P(|즈+*. +X, _3| > 2) < 0.
1
100
Briefly justify your answer.
(d) (2 points) Find the probability
P (limn-
Xi++Xp = 3).
n→∞
Briefly justify your answer.
Transcribed Image Text:Let X1, X2,... be nonnegative i.i.d. random variables with E(Xk) = 3 and Var(Xk) = 1. (a) (2 points) Use Markov's inequality to give an upper bound on P(X1> 5). (b) (2 points) Use Chebyshev's inequality to estimate P(|X1 – 3| > 2). - (c) (5 points) Give a number n so that X1+ +Xn P(|즈+*. +X, _3| > 2) < 0. 1 100 Briefly justify your answer. (d) (2 points) Find the probability P (limn- Xi++Xp = 3). n→∞ Briefly justify your answer.
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