The random variable X is exponentially distributed, where X represents the time it takes for a person
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Question:
The random variable X is exponentially distributed, where X represents the time it takes for a person to choose a birthday gift. If X has an average value of 20 minutes, what is the probability that X is less than 22 minutes? (Do not round until the final step. Round your answer to 3 decimal places.)
Related Book For
Statistics for Management and Economics Abbreviated
ISBN: 978-1285869643
10th Edition
Authors: Gerald Keller
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