Question

In: Statistics and Probability

Given below are 10 observations which we believe comes from the exponential distribution with λ= 10....

Given below are 10 observations which we believe comes from the exponential distribution with λ= 10.

Give the 10 ordered pairs which you would need to construct a probability plot you could use to verify this assumption.

1.08, 4.24, 33.40, 29.26, 2.94, 15.92, 1.96, 10.47, 16.71, 14.27

Solutions

Expert Solution

density function in exponential distribution

lambda = 1/10

f(x) = lambda * exp( - lambda* x)

X Prob(X=x)
1.08 0.089763
1.96 0.082201
2.94 0.074528
4.24 0.065442
10.47 0.035099
14.27 0.024003
15.92 0.020352
16.71 0.018806
29.26 0.005361
33.4 0.003544

Given below is the probaility density function

-------------------------------------------------------------------------------------

However, for taking lambda =10 ( which I suspect is wrong) the results hold and distribution plot seems to be not exponential

X Prob(X=x)
1.08 0.000204
1.96 3.07E-08
2.94 1.71E-12
4.24 3.85E-18
10.47 3.38E-45
14.27 1.06E-61
15.92 7.25E-69
16.71 2.69E-72
29.26 8.4E-127
33.4 8.8E-145


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