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A What kinds of situations give rise to an exponential

a. What kinds of situations give rise to an exponential distribution?

b. What is meant by the fact that an exponential random variable has no memory?

c. Can the standard normal probability table be used to find probabilities for an exponential distribution? Why or why not?

d. How do you find probabilities for an exponential distribution?

b. What is meant by the fact that an exponential random variable has no memory?

c. Can the standard normal probability table be used to find probabilities for an exponential distribution? Why or why not?

d. How do you find probabilities for an exponential distribution?

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