Which of the Following Is Not True for an Exponential $\lambda$

question 108

Multiple Choice

Which of the following is not true for an exponential distribution with parameter $\lambda$ ?

• A) \(\mu=1 / \lambda\)
• B) \(\sigma=1 / \lambda\)
• C) The distribution is completely determined once the value of lambda is known.
• D) The distribution is a two -parameter distribution, since the mean and standard deviation are

---

Definitions:

Agents and Brokers

Intermediaries who facilitate the buying and selling of goods or services for a commission.

Marketing Research

Collecting and evaluating information to support marketing decision making.

Market Segmentation

Process of dividing a total market into several relatively homogeneous groups.

Consumer Behavior

Actions of ultimate consumers directly involved in obtaining, consuming, and disposing of products and the decision processes that precede and follow these actions.