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If the parameter of an exponential distribution is 1,then which of the following is true?
Great Depression
The Great Depression was a severe worldwide economic downturn that occurred in the 1930s, leading to widespread unemployment and poverty.
Residence
A place where an individual lives or maintains a home, often implying legal or formal status.
Social Class
Social class refers to the division of society into groups based on factors like wealth, occupation, education, and social status.
Trade-in Allowance
The discounted price offered when a customer gives a used item as part of the payment for a new item, reducing the cash cost of the new purchase.
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