Question: The exponential distribution is the only continuous distribution to have the memoryless property (we showed this in terms of the geometric distribution). a. Prove ????(????>????+????|????>????)=????(????>????)
The exponential distribution is the only continuous distribution to have the memoryless property (we showed this in terms of the geometric distribution).
a. Prove ????(????>????+????|????>????)=????(????>????)
b. Whenever you purchase a lightbulb, the package will display the mean lifetime. It turns out that such lifetimes are exponentially distributed. For a 60-watt incandescent light bulb, the average lifetime was 1200 hours. Given that the bulb has worked for more than 1500 hours, find the probability that it will work for more than 1800 hours. (Use the memoryless property.)
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