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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,then the Mean\(\lambda\)
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If the Random Variable X Is Exponentially Distributed,then the Mean λ\lambdaλ

Question 9

Question 9

Multiple Choice

If the random variable X is exponentially distributed,then the mean of X will be:


A) greater than the median.
B) less than the median.
C) equal to the median.
D) Cannot tell;the answer depends on what λ\lambdaλ is.

Correct Answer:

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