Math Problem Statement
Solution
Let's break down and solve the problem shown in the image. The question involves an exponential distribution with parameter .
(a) Completing the Sentence
The question asks about the distribution of and its expected value and standard deviation.
- The distribution of is exponential. In an exponential distribution, the rate parameter .
- The expected value of an exponential distribution is equal to , so .
- The standard deviation is also , so .
(b) Finding
For an exponential distribution, the cumulative distribution function (CDF) is: Where . To find , calculate:
First, calculate and :
So: You can use a calculator to find these values to four decimal places.
(c) Finding the 10th Percentile
To find the 10th percentile , solve: This leads to the equation:
This gives . Solve using a calculator and round to two decimal places.
(d) Finding
The probability that is greater than a certain value is:
First, calculate: Then: Calculate this to four decimal places.
Would you like detailed calculations for each part? Here are some related questions you might want to explore:
- How do you find the mean and variance of an exponential distribution?
- What is the significance of the percentile in statistics?
- How do you compute probabilities for continuous distributions?
- How does the exponential distribution relate to the Poisson process?
- What are some real-world examples of exponential distributions?
Tip: The parameter 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
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