Question: Let U be a Standard Uniform random variable. Show all the steps required to generate: An exponential random variable with the parameter = 3.0; A

Let U be a Standard Uniform random variable. Show all the steps required to generate:

  1. An exponential random variable with the parameter = 3.0;
  2. A Bernoulli random variable with the probability of success 0.65;
  3. A Binomial random variable with parameters n = 12 and p = 0.6;

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