The mean and median are the same for a random variable that is exponentially distributed.

Name: The mean and median are the same for a random variable that is exponentially distributed.
Brand: Quizplus
Rating: 4.7 (37 reviews)

Question

Quizplus · Accepted Answer

The mean and median are not the same for an exponentially distributed random variable. The mean of an exponentially distributed variable is equal to 1/λ, while the median is equal to ln(2)/λ. Since 1/λ and ln(2)/λ are not equal, the mean and median are different for an exponentially distributed random variable.

The Mean and Median Are the Same for a Random