In this lesson, we are going to talk about Tchebysheffs inequality. This is the second lecture on using inequalities to estimate probability. The first one we had was Markovs inequality. The difference between these two is that we use a little more information with this one because now, we are going to use the standard deviation of random variable, as well as the expected value or mean. In return for using a little more information and doing a little more calculation, we get stronger results using Tchebysheffs inequality. Note that this inequality never gives you the exact probability.
Lecture Slides are screen-captured images of important points in the lecture. Students can download and print out these lecture slide images to do practice problems as well as take notes while watching the lecture.