Unformatted text preview: EXPONENTIAL DISTRIBUTION 1. #31 a, b, c. (EXPONDIST) 2. #45 b, c. (EXPONDIST) 3. An insurance company believes that hurricanes occur at the rate of 2.5 per year (assume that hurricanes can occur anytime during the year). Find each of the following (EXPONDIST): a) prob(time between hurricanes is less than 6 months (.5 years)) b) prob(time between hurricanes is more than 2 years) c) prob(time between hurricanes is between 9 months and 18 months)...
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- Fall '10
- Normal Distribution, Probability theory, Exponential distribution, probability density function, PROB