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

question 65

Multiple Choice

If the random variable X is exponentially distributed with parameter $\lambda$ = 4, then the probability P(X $\leq$ 0.25) , up to 4 decimal places, is:

• A)0.6321.
• B)0.3679.
• C)0.2500.
• D)None of these choices are correct.

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Definitions:

Liquidity Ratios

Ratios that measure a company’s ability to meet its currently maturing obligations.

Operating Cycle

The average period of time required for a business to make an initial outlay of cash to produce goods or services, sell them, and receive cash back from customers.

Earnings Per Share

A financial metric that measures the amount of net income earned per share of stock, used to gauge a company's profitability.

Debt-To-Equity Ratio

A financial metric that shows the comparative amount of equity from shareholders and borrowed funds used to acquire assets for a company.