Lets first start with this:
From this we can conclude:
Since E[X|X≥a] ≥ a:
If we divide both sides by a:
And thats Markov's Inequality.
Lets first start with this:
From this we can conclude:
Since E[X|X≥a] ≥ a:
If we divide both sides by a:
And thats Markov's Inequality.