1
answer
187
views
63
Problem

For access to Textbook Solutions, a Class+ or Grade+ subscription is required.

Textbook Expert
Textbook ExpertVerified Tutor
8 Nov 2021

Given information

Use the following information to answer the next seven exercises. A distribution is given as  

Step-by-step explanation

Step 1.

The cumulative density function of the exponential distribution is given by,

 

is the decay parameter.

The mean of the exponential distribution is given by,

 

Since, the decay parameter .

Therefore,

 

The mean of the distribution is  

Taking, log on both sides of the distribution function.

 

The median is  

Compare mean and median of the distribution, mean is greater than the median.

The mean is larger than the median.

Therefore, the mean is larger than the median.

 

 

Unlock all Textbook Solutions

Already have an account? Log in
Start filling in the gaps now
Log in