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Exercise 1. Assuming survival time (T) in months follows an exponential distribution with scale parameter =0.20 . Provide solutions to 1 to 6: Obtain median,

Exercise 1.Assuming survival time (T) in months follows an exponential distribution withscale parameter =0.20.

Provide solutions to 1 to 6:

Obtain median, mean, standard deviation and variance of survival time T.

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