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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A continuous random variable X has the probability density function: f(x)= 2e-2x,x ≥ 0.
-What is the distribution of the random variable X?
Commercialization
The process of bringing new products or services to market, including the stages of development, production, and marketing to achieve wide consumer adoption.
Invention
A new method, idea, product, or process developed from study and experimentation.
Technological Advance
The development and application of new technologies, leading to more efficient production processes, new products, or improved services.
Capitalist Economy
An economic system where private individuals and businesses own the means of production and operate for profit, guided by market forces.
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