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    Statistics for Management and Economics
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    Exam 8: Continuous Probability Distributions
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    Light Bulb Lifetime
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Light Bulb Lifetime

Question 93

Question 93

Short Answer

Light Bulb Lifetime
The lifetime of a light bulb (in hours)is exponentially distributed with λ = 0.008. ​ ​
-{Light Bulb Lifetime Narrative} What is the mean and standard deviation of the light bulb's lifetime?

Correct Answer:

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μ = σ = 1/...

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