For each probability and percentile problem, draw the picture. Let X ~ Exp(0.3). Part (a) decay...

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For each probability and percentile problem, draw the picture. Let X ~ Exp(0.3). Part (a) decay...

For each probability and percentile problem, draw the picture. Let X ~ Exp(0.3). Part (a) decay rate = 0.3 Correct: Your answer is correct. Part (b) μ = 0.3333 Incorrect: Your answer is incorrect. (rounded to two decimal places) Part (c)

math Statistics-And-Probability

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Answer 1

Answer #1

Answer (b)

Decay rate is equal to 0.3

we know mean E[x] or = 1/(decay rate)

= 1/0.3

= 3.33 (rounded to two decimals)

Picture for distribution is given below

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Answer 2

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