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uestion 3 (6 marks) Suppose that the random variable x has an exponential distribution with = 3. Required: a) Find the probability that x assumes
uestion 3 (6 marks)
Suppose that the random variable
x
has an exponential distribution with = 3.
Required:
a) Find the probability that
x
assumes a value more than three standard deviations
from .
(2 marks)
b) Find the probability that
x
assumes a value less than one standard deviation from
.
(2 marks)
c) Find the probability that
x
assumes a value within a half standard deviation of .
(2 marks)
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