Question: Please help me 0 Question? 7 _ The time [in years} after reaching age :52 that it takes an individual to retire is approximately exponentially
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0 Question? 7 _ The time [in years} after reaching age :52 that it takes an individual to retire is approximately exponentially distributed with a mean of about 10 years. Suppose we randomly pick one retired individual. We are interested in the time after age 62 to retirement. a} p = :|. {Round to 1 decimal place} b} o = E. [Round to 2 decimal places} c) Find the probability that the person retired after age Ti. :] Round to 4 decimal places. d} Find the probability that the person retired before age ?2. :] Round to 4 decimal places e] Find the probability that the person retired after age T2. :] Round to 4 decimal places f} In a room of 3000 people over age ?4, how many do you expect will NOT have retired yet? :| Round the probability to 4 decimal places. Round answer to 2 decimal places
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