In: Statistics and Probability
2. Let X ~ exponential(lambda). Find the 2.5th percentile and the 97.5th percentile of X, that is, find x*subscript*.025 and x*subscript*.975
The pdf of X is
The cumulative distribution of X will be given by
Now, to find 2.5th percentile x0.025 such that
Now, to find 97.5th percentile x0.975 such that