The time between visits to a U S emergency room for a member of the general population follows an exponential distribution with a mean of 2 5 years What proportion of the population a Will visit an emergency room within the next 6 months b Will not visit the ER over the next 6 years c Will visit an...

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The time between visits to a U.S. emergency room for a member of the general population follows

Question:

The time between visits to a U.S. emergency room for a member of the general population follows an exponential with a mean of 2.5 years. What proportion of the population:
a. Will visit an emergency room within the next 6 months?
b. Will not visit the ER over the next 6 years?
c. Will visit an ER next year, but not this year?
d. Find the first and third quartiles of this 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...