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Let Xbe a Poisson random variable with a mean of20.

(a)Use the Markov inequality to obtain an upper boundp=P(X≥26).

(b)Use the one-sided Chebyshev inequality to obtain an upper boundp.

(c)Use the Chernoff bound to obtain an upper boundp.

(d)Approximate pby making use of the central limit theorem.

(e)Determine pby running an appropriate program.

Short Answer

Expert verified

(a)p=P{X≥26}≤.7692

(b) p=P{X≥=26}≤.3571

(c) p=P{X≥26}≤.4398

(d) p=P{X≥26}≈.1093

(e)p=P{X≥26}=0.112185

Step by step solution

01

Given information.

Let Xbe a Poisson random variable with a mean of20.

02

Explanation.

Suppose that Xis a Poisson random variable with a parameterλ. It is given that Xis a random variable with a mean of20. Since the expected value and variance of a Poisson random variable are both equal to its parameterλ,Xhas mean μ=λ=20and varianceσ2=λ=20.

03

Part (a) Explanation.

By Markov's inequality,

p=P{X≥26}≤E[X]26=2026=.7692

04

Part (b) Explanation.

Using Corollary5.1, localid="1649901568148" a=6¯we get:

p=P{X≥20+6ÁåŸ=26}≤σ2σ2+62=2020+36=.3571

05

Part (c) Explanation.

See Example5d. Since Xis a Poisson random variable with parameterlocalid="1649901587221" λ=20using the result

P{X≥i}≤e-λ(eλ)iii

We get,

p=P{X≥26}≤e-20(20e)262626=.4398

06

Part (d) Explanation.

Using the central limit theorem we get:

p=P{X≥26}=the continuity correctionP(X≥25.5)

=1-P{X<25.5}=1-PX-2020<25.5-2020≈1-Φ(1.23)

Table 5.1 (textbook, Chapter 5)1-.8907=.1093.

07

Part (e) Explanation.

Using software package by personal choice, we obtain:

p=P{X≥26}=1-P{X<26}=1-∑i=025e-2020ii!

=1-.887815=0.112185

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