In: Statistics and Probability
We are given that T~Exponential(λ) for some λ.
Thus, the probability density function of T is given by:
Moreover, the expected value of T is given by:
But, in question, we are given that the expected value of T (expected lifetime of machine) is 10 years.
=> E(T) = 10 .................(2)
From equations (1) and (2), we get:
Thus, the probability density function of T is given by:
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