If the Random Variable X Is Exponentially Distributed with Parameter $\lambda$

question 77

True/False

If the random variable X is exponentially distributed with parameter $\lambda$ = 5,then the variance of X, $\sigma$ ² = V(X)= 0.04.

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Definitions:

Perfectly Balanced

A term often used in data analysis or statistics to describe a situation where elements are distributed equally or in perfect symmetry.

Trial

An attempt or test to perform a task, or the use of something in experiment to determine its efficiency or effectiveness.

Independent Events

Two or more events where the occurrence or outcome of one event does not affect the occurrence or outcome of the other.

P(A ∩ B)

The probability that events A and B both occur at the same time.