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,
,
where is the decay papameter.
According to the given information, the random variable follows the exponential distribution with parameter .
.
percentile means that of the data fall below it so,
.
The cumulative density function is given by,
Therefore,
We have,
Therefore, the percentile is
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