If the random variable X is exponentially distributed with parameter $\lambda$= 5,then the variance of X,$\sigma$² = V(X)= 0.04.

Name: If the random variable X is exponentially distributed with parameter $\lambda$= 5,then the variance of X,$\sigma$ 2 = V(X)= 0.04.
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Quizplus · Accepted Answer

The variance of an exponentially distributed random variable with parameter λ is given by 1/λ^2. Therefore, if λ = 5, then the variance is 1/5^2 = 0.04.

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