The lifetime (in years) of a manufactured product is Y 5X0 7, where X has an exponential distribution with mean 1 Find the cdf and pdf of Y ...

The lifetime (in years) of a manufactured product is Y = 5X0.7, where X has an exponential

Question:

The lifetime (in years) of a manufactured product is Y = 5X0.7, where X has an exponential with mean 1. Find the cdf and pdf of Y.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...