Answer:
x=5
Step-by-step explanation:
Answer:
a)
Mean
b)
c)
Step-by-step explanation:
From the given information:
a.)
Mean
Let consider X to be a random variable that follows an exponential distribution; then:
P(X) = 1 - since
b.)
The required probability that a random chosen customer would spend more than $5,000 can be computed as:
c.)
Answer:
15.5472
Step-by-step explanation:
The word quotient means that you'll be dividing two terms. In this case, you are dividing j by 8. The algebraic expression showing this is
.