Sept 2008 Q6

Discussion in 'CS1' started by Tina, Sep 2, 2023.

  1. Tina

    Tina Keen member

    Hello
    I am confused as CDF of exp uses \lambda =1/\lambda whereas calculating a certain probability, only \lambda is used as mean.
    Here, time until next claim arises follows Exp(2).
    In i), no claim made in next one-day period is given by e^((-1/2)*1)
    But in iii), P(\sum X>45) when n=30 and
    Exp(2)~ N(30*2,30*2^2) is used.
    Why did we not use 1/2 instead of 2 in iii) but 1/2 in i)?
     
    Last edited by a moderator: Sep 4, 2023
  2. John Lee

    John Lee ActEd Tutor Staff Member

    Re-read the question, it doesn't say Exponential distribution with parameter 2.
     
    Tina likes this.
  3. Tina

    Tina Keen member

    I see,I need to read the question carefully.
    Thank you!
     
    John Lee likes this.

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