Find upper bound on probability of having more than 200 cars

Assignment Help Basic Statistics

Reference no: EM131215151

The average number of cars per hour arriving at a toll booth is 57 while the standard deviation is 15.

(a) Use Markov's inequality to find an upper bound on the probability of having more than 200 cars arrive in an hour.

(b) Use Chebyshev's inequality to find an upper bound on the probability of having more than 200 cars arrive in an hour.

Reference no: EM131215151

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