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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 16

Question 16

True/False

If the random variable X is exponentially distributed with parameter λ\lambdaλ = 0.05,then the probability P(X > 20)= 0.3679.

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