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The random variable X is exponentially distributed, where X represents the time it takes for a person to choose a birthday gift. If X has an average value of 24 minutes, what is the probability that X is less than 32 minutes? (Do not round until the final step. Round your answer to 3 decimal places.)

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Answer:

The probability that X is less than 32 minutes is 0.736.

Explanation:

Given : The random variable X is exponentially distributed, where X represents the time it takes for a person to choose a birthday gift. If X has an average value of 24 minutes.

To find : What is the probability that X is less than 32 minutes?

Solution :

If X has an average value of 24 minutes.

i.e.
\lambda=24

The random variable X is exponentially distributed, where X represents the time it takes for a person to choose a birthday gift.

The exponentially function is
(1)/(\lambda)e^{-(x)/(\lambda)}

The function form according to question is


f(x)=\{(1)/(24)e^{-(x)/(24)}, x>0\}

The probability that X is less than 32 minutes is


P[x<32]=1-e^{-(32)/(24)}


P[x<32]=1-0.26359


P[x<32]=0.736

Therefore, the probability that X is less than 32 minutes is 0.736.

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