Question 7 - Week 3 Practice

Question 7

00:00Est. 2 min

Marks:+2.000.00

Passage

Based on the above data, answer the given subquestions. A freelance designer receives different payments from her clients based on the type of project. Based on the past data: she earns Rs.

18{,}000

40\%

of the projects, Rs.

10{,}000

35\%

of the projects, Rs.

5{,}000

15\%

of the projects, and earns nothing in the remaining projects.

Question

Using Markov's inequality, find an upper bound on the probability that the designer earns at least Rs.

15{,}000

. Enter the answer correct up to three decimal places.

Comprehension

Medium Difficulty

13 July 2025

Your answer