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I'm lost, so I'd greatly appreciate as much detail as possible. Thank you! Consider the exponential distribution which is used to model the duration of

I'm lost, so I'd greatly appreciate as much detail as possible. Thank you!

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Consider the exponential distribution which is used to model the duration of intervals between successive occurrences of a random event. The probability density function is 151320 f(t;/1)={O 3K0 where 7L is a positive constant. For this distribution, the mean and standard deviation oft are ,u= 0'= 1/7. a) Determine the probabilities pm

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