State Chebyshev’s inequality for a random variable X with mean μ and variance σ².

A P(|X − μ| ≥ kσ) ≥ 1/k² for any k > 0

B P(|X − μ| ≥ kσ) ≤ 1/k² for any k > 0

C P(|X − μ| ≤ kσ) ≤ 1 − 1/k² for any k > 0

D P(|X − μ| ≥ kσ) ≤ 1/k for any k > 0

Solution

Correct Answer: Option B

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