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Determining the gamma distribution with mean

In a certain city, the daily consumption of electric power, in millions of kilowatt-hours, is a random variable X having a gamma distribution with mean µ = 6 and variance a2 = 12.

a) Find the values of a and 0.

b) Find the probability that on any given day the daily power consumption will exceed 12 million kilowatt-hours.

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Basic Statistics: Determining the gamma distribution with mean

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Solution Preview :

Prepared by a verified Expert

Basic Statistics: Determining the gamma distribution with mean

Reference No:- TGS0681913

Have a Question? (oR Write a Review)

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Solution Preview :

Prepared by a verified Expert

Basic Statistics: Determining the gamma distribution with mean

Reference No:- TGS0681913

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