Question: The time to complete an exercisefor a particular class follows an exponential distribution with lambda = 1/60 min -1 (=1 /60min) What is the expected

The time to complete an exercisefor a particular class follows an exponential distribution with lambda = 1/60 min^-1(=1 /60min)

What is the expected time to complete an exercisefor this class?

What is the variance in the time to complete an exercisefor this class?

You take a random sample of 100 exercises taken for this class. What is the expected mean time to complete the exercisefor your random sample of 100 exercises?

What is the standard error of the mean time to complete the exercisefor your random sample of 100 exercises?

What is the probability that your sample mean time to complete the exercises is greater than 70 minutes?

What is the interquartile range of sample mean time to complete the exercise?

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