Suppose 1, 42, parameter A = 1/4. A100 are 1.1.d. random variables from exponential distribution with (b) (a) Compute E (EX) and Var and Var (jo Σ!, Χ.). Approximate P(X,> 4.132). Justify your approximation.

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Suppose that X1, X2,, X100 are i.i.d. random variables from exponential distribution with
parameter A = 1/4.
(a)
(b)
ΣΩ, Xi) and Var ( Σιο, Χ.).
Compute E(X)
Approximate P(10 X, > 4.132). Justify your approximation.
Transcribed Image Text:Suppose that X1, X2,, X100 are i.i.d. random variables from exponential distribution with parameter A = 1/4. (a) (b) ΣΩ, Xi) and Var ( Σιο, Χ.). Compute E(X) Approximate P(10 X, > 4.132). Justify your approximation.
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