PSYCHOLOGY 250-The cost of all maintenance for a car during its first
The cost of all maintenance for a car during its first year is approximately exponentially distributed with a mean of $150.
a. Define the random variable. X= _________________________________.
b. X~ = ________
c. ?= ________
d. ?= ________
e. Draw a graph of the probability distribution. Label the axes.
f. Find the probability that a car required over $300 for maintenance during its first year.