Question: Need help with homework problem #1! Please answer thoroughly and show work! Thank you! 1. A set of 50 observations are supposed to have come

Need help with homework problem #1! Please answer thoroughly and show work! Thank you!

Need help with homework problem #1! Please answer thoroughly and show work!

1. A set of 50 observations are supposed to have come from an exponential distribution with the pdf 1 7 exp(x/) for 0

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