Each time that Ed charges an expense to his credit card, he omits the cents and records only the…

Each time that Ed charges an expense to his credit card, he omits the cents and records only the dollar value. If this month he has charged his credit card 20 times, using Chebyshev’s inequality, find an upper bound on the probability that his record shows at least $15 less than the actual amount charged.

 

"Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!":

Get started