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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 30

Question 30

Multiple Choice

If the random variable X is exponentially distributed with parameter λ\lambdaλ = 4,then the probability P(X ≤\le≤ 0.25) ,up to 4 decimal places,is


A) 0.6321
B) 0.3679
C) 0.2500
D) None of these choices.

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