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

question 10

Multiple Choice

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

• A) 0.6321.
• B) 0.3679.
• C) 0.2500.
• D) 0.5000.

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Definitions:

Inventory

The totality of goods or materials a company holds for the purpose of selling in the market or using in production.

Fixed Assets

Assets that are of a permanent or long-term nature, typically used in the operations of a business, such as buildings, machinery, and equipment.

Full Capacity

The maximum level of output that a company can sustain within a given period, utilizing all available resources efficiently.

Fixed Assets

Long-term tangible assets, such as buildings and machinery, used in the operations of a business that are not expected to be converted into cash within a year.