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Glossary Statistics / Term

Markov's Inequality

For lists: If a list contains no negative numbers, the fraction of numbers in the list at least as large as any given constant a>0 is no larger than the arithmetic mean of the list, divided by a.

For random variables: if a random variable X must be nonnegative, the chance that X exceeds any given constant a>0 is no larger than the expected value of X, divided by a.

Permanent link Markov's Inequality - Creation date 2021-08-07


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