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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: Survival Probability:

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

Provide solutions to 1 to 6:

Survival Probability: S(t)= Pr( T>t) (<= unconditional cumulative probability)

What is probability of surviving beyond 6 months?
What is probability of surviving beyond 9 months?

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