If the Mean of an Exponential Distribution Is 2,then the Value

question 24

Multiple Choice

If the mean of an exponential distribution is 2,then the value of the parameter $\lambda$ is

• A) 0
• B) 2.0
• C) 0.5
• D) 1.0

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Definitions:

Mode

The value that appears most frequently in a data set, representing the most common or popular outcome among a set of observations.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values.

Variation

The occurrence of differences or deviations within a population, which can be genetic, phenotypic, or behavioral, among individuals or groups.

Median

A statistical measure that represents the middle value in a dataset, where half the numbers are above and half are below.