Math Problem Statement

A random variable X can be modeled by the exponential distribution with β = 4. Complete the following: (a) Identify the distribution, expected value, and standard deviation. (b) Find P(2 ≤ X ≤ 5) using four decimal places. (c) Find the 10-th percentile of X with two decimal places. (d) Find P(X > 8.5) using four decimal places.

Solution

Let's break down and solve the problem shown in the image. The question involves an exponential distribution with parameter β=4\beta = 4.

(a) Completing the Sentence

The question asks about the distribution of XX and its expected value and standard deviation.

  • The distribution of XX is exponential. In an exponential distribution, the rate parameter λ=1β=14\lambda = \frac{1}{\beta} = \frac{1}{4}.
  • The expected value E(X)E(X) of an exponential distribution is equal to β\beta, so E(X)=4E(X) = 4.
  • The standard deviation SD(X)SD(X) is also β\beta, so SD(X)=4SD(X) = 4.

(b) Finding P(2X5)P(2 \leq X \leq 5)

For an exponential distribution, the cumulative distribution function (CDF) is: F(x)=1eλxF(x) = 1 - e^{-\lambda x} Where λ=14\lambda = \frac{1}{4}. To find P(2X5)P(2 \leq X \leq 5), calculate: P(2X5)=F(5)F(2)P(2 \leq X \leq 5) = F(5) - F(2)

First, calculate F(5)F(5) and F(2)F(2): F(5)=1e145=1e1.25F(5) = 1 - e^{-\frac{1}{4} \cdot 5} = 1 - e^{-1.25} F(2)=1e142=1e0.5F(2) = 1 - e^{-\frac{1}{4} \cdot 2} = 1 - e^{-0.5}

So: P(2X5)=(1e1.25)(1e0.5)P(2 \leq X \leq 5) = (1 - e^{-1.25}) - (1 - e^{-0.5}) You can use a calculator to find these values to four decimal places.

(c) Finding the 10th Percentile

To find the 10th percentile X10X_{10}, solve: F(X10)=0.10F(X_{10}) = 0.10 This leads to the equation: 1eλX10=0.101 - e^{-\lambda X_{10}} = 0.10 eλX10=0.90e^{-\lambda X_{10}} = 0.90 λX10=ln(0.90)-\lambda X_{10} = \ln(0.90) X10=ln(0.90)λ=ln(0.90)14X_{10} = -\frac{\ln(0.90)}{\lambda} = -\frac{\ln(0.90)}{\frac{1}{4}}

This gives X10X_{10}. Solve using a calculator and round to two decimal places.

(d) Finding P(X>8.5)P(X > 8.5)

The probability that XX is greater than a certain value is: P(X>8.5)=1F(8.5)P(X > 8.5) = 1 - F(8.5)

First, calculate: F(8.5)=1e148.5=1e2.125F(8.5) = 1 - e^{-\frac{1}{4} \cdot 8.5} = 1 - e^{-2.125} Then: P(X>8.5)=1(1e2.125)=e2.125P(X > 8.5) = 1 - (1 - e^{-2.125}) = e^{-2.125} Calculate this to four decimal places.


Would you like detailed calculations for each part? Here are some related questions you might want to explore:

  1. How do you find the mean and variance of an exponential distribution?
  2. What is the significance of the percentile in statistics?
  3. How do you compute probabilities for continuous distributions?
  4. How does the exponential distribution relate to the Poisson process?
  5. What are some real-world examples of exponential distributions?

Tip: The parameter λ\lambda of the exponential distribution is the inverse of the average waiting time for an event to occur!

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Math Problem Analysis

Mathematical Concepts

Exponential Distribution
Probability
Percentiles
Continuous Random Variables

Formulas

Exponential distribution formula: f(x) = λe^(-λx)
CDF of exponential distribution: F(x) = 1 - e^(-λx)
Percentile formula for exponential distribution: X_p = -ln(1 - p) / λ

Theorems

Properties of Exponential Distribution
Relationship between Mean and Rate parameter (λ = 1/β)

Suitable Grade Level

Grades 11-12