The Mean and Median Are the Same for an Exponential

question 39

True/False

The mean and median are the same for an exponential distribution.

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Definitions:

Z-score

A statistical measure representing the number of standard deviations a data point is from the mean.

Percentile

An indicator showing the value beneath which a certain percentage of data points in a collection of data lies.

Continuous Random Variables

Variables that can take on any value within a continuous range of values.

Probability Distribution

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.