Suppose X has an exponential distribution with 2 Determine the following (a) P(x 0) (b) P(X 2) (c) P(X 1) (d) P(1) X 2) (e) Find the value of x such that P(X x) 0 05 ...

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Suppose X has an exponential distribution with = 2. Determine the following: (a) P(x < 0) (b)

Question:

Suppose X has an exponential with λ = 2. Determine the following:
(a) P(x < 0)
(b) P(X > 2)
(c) P(X < 1)
(d) P(1) < X < 2)
(e) Find the value of x such that P(X < x) = 0.05. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...