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    Statistics for Management and Economics Study Set 1
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    Exam 8: Continuous Probability Distributions
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    If the Random Variable X Is Exponentially Distributed with Parameter\(\lambda\)
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If the Random Variable X Is Exponentially Distributed with Parameter λ\lambdaλ

Question 77

Question 77

True/False

If the random variable X is exponentially distributed with parameter λ\lambdaλ = 5,then the variance of X, σ\sigmaσ 2 = V(X)= 0.04.

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