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Textbook Expert
Textbook ExpertVerified Tutor
16 Nov 2021

Given information

The cost of all maintenance for a car during its first year is approximately exponentially distributed with a mean of 

Step-by-step explanation

Step 1.

It is known that,

 

where

.

The probability density function for exponential distribution is given as follows:

 

From the above equation which represents the probability density function, make the graph by using the above-obtained probability density function.

The maximum value of occurs at , therefore

 

The graph can be drawn as below,

 

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