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32Exponential tail probability

X\displaystyle X is exponential with rate λ=0.5\displaystyle \lambda = 0.5. Find P(X>4)\displaystyle P(X > 4). Give the answer to 4 decimal places.

For an exponential, the chance X exceeds x is e^(−λx), using the fact the decay rate never changes. Here P(X>4) = e^(−0.5×4) = e^(−2) ≈ 0.1353.

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