Question: You wait 4000 h for an exponentially distributed event to occur. The null hypothesis is that the mean wait is 1000 h with alternative that
You wait 4000 h for an exponentially distributed event to occur. The null hypothesis is that the mean wait is 1000 h with alternative that the mean wait is greater than 1000 h.
Find the difference in support of the above hypotheses. Compare with the p-value in the earlier problem.
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