B use chebyshevs inequality to find the confi- dence level


X1,..., Xn are n independent identically distributed samples of random variable X with PMF

(a) How is E[X] related to PX (1)?

(b) Use Chebyshev's inequality to find the confi- dence level α such that M90(X), the estimate based on 90 observations, is within 0.05 of PX (1). In other words, find α such that

(c) Use Chebyshev's inequality to find out how many samples n are necessary to have Mn(X) within 0.03 of PX (1) with confidence level 0.1. In other words, find n such that

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Basic Statistics: B use chebyshevs inequality to find the confi- dence level
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