THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Suppose that the time between successive occurrences of an event follows an exponential distribution with mean 1/λ minutes.Assume that an event occurs.
-Show that the probability that more than 8 minutes elapses before the occurrence of the next
event is e^-8λ.

Question

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Suppose that the time between successive occurrences of an event follows an exponential distribution with mean 1/λ minutes.Assume that an event occurs. -Show that the probability that more than 8 minutes elapses before the occurrence of the next event is e^-8λ.