Energy saving. An article on Smart Energy International discusses the energy-saving habits for 2020. The article states
Question:
Energy saving. An article on Smart Energy International discusses the energy-saving habits for 2020. The article states that LED lightbulbs consume at least 25% less energy than regular ones. A probability distribution for the difference of energy consumption between the LED lightbulbs and the regular ones determines that 80% of the LED lightbulbs consume at least 36% less energy than the regular ones.
a. Assume that the difference in energy consumption between the LED lightbulbs and the regular ones, x, has a uniform distribution and cannot be negative. Find the mean of x.
b. Assume that the difference in energy consumption between the LED lightbulbs and the regular ones, x, has an exponential distribution and cannot be negative. Find the mean of x. Comment on your result
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