Suppose That the Random Variable $x$ Has an Exponential Distribution With $\theta = 1.5$

question 127

Multiple Choice

Suppose that the random variable $x$ has an exponential distribution with $\theta = 1.5$ . Find the probability that $x$ will assume a value within the interval $\mu \pm 2 \sigma$ .

• A) 864665
• B) \(.950213\)
• C) 049787
• D) .716531

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Definitions:

Prime Working Age

Individuals typically between the ages of 25 and 54, considered to be in their most productive years in the labor force.

Labor-Force Participation Rates

The ratio of the number of individuals actively participating in the labor force to the total number of individuals eligible to participate.

Routine Household Tasks

Involves daily or regular activities required to maintain a household, such as cleaning, cooking, and laundry.

Improved Birth Control

Enhancements or innovations in contraceptive methods that increase effectiveness, accessibility, or user-friendliness.