PLEASE HELP!!!!!!!Use an equation to find the value of each indicated variable.
1 answer:
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Answer:
The probability that X is less than 32 minutes is 0.736.
Step-by-step explanation:
Given : The random variable X is exponentially distributed, where X represents the time it takes for a person to choose a birthday gift. If X has an average value of 24 minutes.
To find : What is the probability that X is less than 32 minutes?
Solution :
If X has an average value of 24 minutes.
i.e.
The random variable X is exponentially distributed, where X represents the time it takes for a person to choose a birthday gift.
The exponentially function is
The function form according to question is
The probability that X is less than 32 minutes is
Therefore, the probability that X is less than 32 minutes is 0.736.