Suppose That $x$ Has an Exponential Distribution With $\theta = 1.75$ Find Each Probability

question 59

Essay

Suppose that $x$ has an exponential distribution with $\theta = 1.75$ . Find each probability.
a. $P ( x \geq 2 )$
b. $P ( x < 2 )$

---

Definitions:

Incidental Damages

Additional expenses incurred by one party as a result of another party's breach of contract.

Breach of Contract

The failure, without legal excuse, to perform any promise or fulfill any term of a contract or agreement.

Compensatory Damages

Financial compensation awarded to a plaintiff to offset losses or injuries incurred due to the defendant's actions or negligence.

Nonbreaching Party

The party in a contract who has not violated the agreement terms.