This document discusses randomized algorithms and covers several topics:
- Chebyshev's Inequality and the Method of Bounded Difference (MOBD) for bounding the probability of deviation of a random variable from its expected value.
- MOBD is described as the most powerful method for bounding this probability.
- Three examples are presented to illustrate MOBD: balls into bins to calculate empty bins, red-blue balls drawn from a bin, and the number of triangles in a random graph.