Suppose a research paper states that the distribution of the daily sea-ice advance/retreat from each sensor is similar and is approximately double exponential. The proposed double exponential distribution has density function f(x) = 0.5lelxl for -00

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Suppose a research paper states that the distribution of the daily sea-ice advance/retreat from each sensor is similar and is approximately double exponential. The proposed double exponential distribution has density function \(f(x) = 0.5\lambda e^{-\lambda |x|}\) for \(-\infty < x < \infty\). The standard deviation is given as 40.5 km. (Round your answers to four decimal places.)

(a) What is the value of the parameter \(\lambda\)?
\[
\lambda = \text{____}
\]

(b) What is the probability that the extent of daily sea-ice change is within 1 standard deviation of the mean value?
\[
\text{Probability = \underline{_______}}
\]
Transcribed Image Text:Suppose a research paper states that the distribution of the daily sea-ice advance/retreat from each sensor is similar and is approximately double exponential. The proposed double exponential distribution has density function \(f(x) = 0.5\lambda e^{-\lambda |x|}\) for \(-\infty < x < \infty\). The standard deviation is given as 40.5 km. (Round your answers to four decimal places.) (a) What is the value of the parameter \(\lambda\)? \[ \lambda = \text{____} \] (b) What is the probability that the extent of daily sea-ice change is within 1 standard deviation of the mean value? \[ \text{Probability = \underline{_______}} \]
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