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3. (20 points) Show that the exponential distribution has the memoryless property. That is, show that for st 0, P(X s|X t) = P(X
3. (20 points) Show that the exponential distribution has the memoryless property. That is, show that for st 0, P(X s|X t) = P(X s t).
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
