I'm confused how to solve the following question:
Consider a biased coin, in which Pr(heads)=0.6. Assume 100 independent flips of this coin, and use Chebyshev's inequality to bound Pr(heads≤50).
We are given the modified formula of Chebyshev's inequality: $$ Pr(|heads - \frac{n}{2}| ≥ c\sqrt{n}) ≤ \frac{V(heads)}{(c\sqrt{n})^2} $$
Edit:
I got 6/25, could someone help me check my answer? -
$$ Pr(|X-60| ≥ a) ≤ \frac{np(1-p)}{a^2} $$ $$ Pr(x≤50) ≤ Pr(x≤50 *or* x≥70) < (.24*100)/100 $$