32Exponential tail probability
is exponential with rate . Find . 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.
is exponential with rate . Find . 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.