In: Statistics and Probability
Q1.
(A) Explain the exponential random variable and normal random variable with at-least ten examples in real life? In which situation we prefer normal random variable instead of exponential variable?
(B) Find the Mean, variance and cumulative density function for following probability density function as: (state your results in detail computation)
f(w)=10 e-10w ; 0≤w≤∞