Suppose x has an exponential distribution with = 2.5. Find the following probabilities: a. P(x

Question:

Suppose x has an exponential with θ = 2.5. Find the following probabilities:
a. P(x ≤ 4)
b. P(x > 5)
c. P(x ≤ 2)
d. P(x > 3)
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...