Question: If the exponential distribution has variance [2] = 2 , then [3] = 2 3 and [4] = 9 4 . Determine the skewness
If the exponential distribution has variance µ[2] = σ
2
, then µ[3] = 2σ
3 and µ[4] = 9σ
4
.
Determine the skewness and kurtosis. What does this suggest about getting an accurate confidence interval for the mean?
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