Question: A random variable X is exponentially distributed with an expected value of 25. a. What is the rate parameter ? What is the standard

A random variable X is exponentially distributed with an expected value of 25.

a. What is the rate parameter λ ? What is the standard LO5 deviation o f X?

b. Compute P(20 ≤ X ≤ 30).

c. Compute P(15 ≤ X ≤ 35).

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