The probability that a value from a normally distributed random variable will exceed the mean is 0.50.

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The probability that a value from a normally distributed random variable will exceed the mean is 0.50. The same is true for the uniform distribution. Why is this not necessarily true for the exponential distribution? Discuss and show examples to illustrate your point.

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Business Statistics

ISBN: 9781292220383

10th Global Edition

Authors: David Groebner, Patrick Shannon, Phillip Fry

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