Upper Bound of the Variance When a Random Variable is Bounded
Problem 753
Let $c$ be a fixed positive number. Let $X$ be a random variable that takes values only between $0$ and $c$. This implies the probability $P(0 \leq X \leq c) = 1$. Then prove the next inequality about the variance $V(X)$.
\[V(X) \leq \frac{c^2}{4}.\]
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