Question: A random variable X is exponentially distributed with an expected value of 25. a. What is the rate parameter ? What is the standard deviation
A random variable X is exponentially distributed with an expected value of 25.
a. What is the rate parameter ƛ? What is the standard deviation of X?
b. Compute P(20 ≤ X ≤ 30).
c. Compute P(15 ≤ X ≤ 35).
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