Asked by Victoria Burks on Sep 28, 2024
Verified
If the random variable X is exponentially distributed and the parameter of the distribution λ = 4,then P(X ≤ 1)= 0.25.
Exponentially Distributed
It refers to a type of continuous probability distribution that describes the time between events in a Poisson point process, where events occur continuously and independently at a constant average rate.
Parameter λ
A specific numerical or symbolic constant used in mathematics and statistics to represent a characteristic or value in a general function or equation.
- Familiarize with and utilize the concepts associated with exponential distribution in specific contexts.
Verified Answer
Learning Objectives
- Familiarize with and utilize the concepts associated with exponential distribution in specific contexts.
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