Question: In a given population, individuals are sampled randomly, with replacement, and each sampled individual is asked whether his/her salary is greater than some fixed threshold

In a given population, individuals are sampled randomly, with replacement, and each sampled individual is asked whether his/her salary is greater than some fixed threshold . Assume that the salary of a randomly chosen individual has the exponential distribution with unknown parameter . Asking whether the salary overcomes a given threshold rather than directly asking for the salary increases the num

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