It is said that a random variable has the Weibull distribution with parameters a and b (a 0 and b 0) if X has a continuous distribution for which the p d f f (x a, b) is as follows Show that if X has this Weibull distribution, then the random variable Xb has the exponential distribution with parame...

It is said that a random variable has the Weibull distribution with parameters a and b (a

Question:

It is said that a random variable has the Weibull with parameters a and b (a > 0 and b > 0) if X has a continuous for which the p.d.f. f (x|a, b) is as follows:

Show that if X has this Weibull distribution, then the random variable Xb has the exponential distribution with parameter Î² = aˆ’b.

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...