Question: A random variable X with a mean of 2.5 follows an exponential distribution. Find the following probabilities: (a) P(X > 2.5), (b) P(X < 1),
A random variable X with a mean of 2.5 follows an exponential distribution. Find the following probabilities:
(a) P(X > 2.5),
(b) P(X < 1), and
(c) P(0.5 < X < 1.5). Find the values of x0 if
(d) P(X < x0) =
0.1, and
(e) P(X > x0) = 0.05.
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