Chebyshev's inequality

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Bericht 05-04-'08, 14:21

NvdB

Berichten: 40

Chebyshev's inequality

Hey,

does anybody know what exactly is the meaning of chebyshev's inquality in probability theory?

thanks in advance...
Omhoog

Bericht 05-04-'08, 14:27

dirkwb

Berichten: 4.246

Re: Chebyshev's inequality

Have you looked at the wiki-page?
Quitters never win and winners never quit.
Omhoog

Bericht 05-04-'08, 14:31

NvdB

Berichten: 40

Re: Chebyshev's inequality

yeah I checked it, but I know how the equation is, but I can't see in which field/area it is easy to use?
Omhoog

Bericht 05-04-'08, 14:37

dirkwb

Berichten: 4.246

Re: Chebyshev's inequality

Chebyshev is used to give upper or lower bounds in the field of probablity and statistics. It's also closely related to convexity
Quitters never win and winners never quit.
Omhoog

Bericht 05-04-'08, 14:40

NvdB

Berichten: 40

Re: Chebyshev's inequality

thanks man! I see it now, and I can see your examples, very helpful!
Omhoog
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