Question: Problem 4.1 The random variable Y has the exponential distribution Fy (y) 1 exp(-0.75y), 0 < y < and Fy (y) = 0, y 0.

Problem 4.1 The random variable Y has the exponential distribution Fy (y) 1 exp(-0.75y), 0 < y < and Fy (y) = 0, y 0.

(a) Compute P(1 < < 2).

(b) Compute P(Y > 3).

(c) Compute the 95th percentile q(0.95)

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