Find the probabilities for the following exponential distribution problems. a. P(x 3 | = 1.3).

Question:

Find the probabilities for the following exponential distribution problems.

a. P(x ≥ 3 | λ = 1.3).

b. P(x < 2 | λ = 2.0).

c. P(1 ≤ x ≤ 3 | λ = 1.65).

d. P(x > 2 | λ = .405).

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...