Math Problem Statement

3. The exponential distribution is a commonly used continuous distribution, with a density function defined by: p(x) = λ e−λx, x ∈ [0, ∞) Where λ > 0. It can be shown (using calculus) that the area under the curve over the interval [0, z], and hence the probability that P (X < z), is given by: P (X < z) = 1 − e−λz Suppose λ = 5, a) What is the probability that X ∈ (0, 6)? b) What is the probability that X ∈ (2, 6)? c) Suppose 7 samples X1, X2, . . ., X7 are sampled from this distribution, meaning P (Xi < z) = 1 − e−5z, what is the probability that at least one of the Xi is greater than 1?

Solution

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Math Problem Analysis

Mathematical Concepts

Probability Theory
Exponential Distribution
Cumulative Distribution Function (CDF)

Formulas

Exponential distribution CDF: P(X < z) = 1 - e^{-λz}
P(2 < X < 6) = e^{-10} - e^{-30}
P(at least one Xi > 1) = 1 - (1 - e^{-5})^7

Theorems

Exponential Distribution Properties

Suitable Grade Level

College (Undergraduate-level Probability and Statistics)