A random variable X is exponentially distributed with a
mean of 0.21.
a-1. What is the rate...
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Statistics
A random variable X is exponentially distributed with amean of 0.21.
a-1. What is the rate parameter λ?(Round your answer to 3 decimal places.)
a-2. What is the standard deviation of X?(Round your answer to 2 decimal places.)
b. Compute P(X > 0.36).(Round intermediate calculations to at least 4 decimalplaces and final answer to 4 decimal places.)
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In probability theory and statistics the exponentialdistributionis the probability distributionthat describes the time between events in a Poisson point processie a process in
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