Explain exponential distribution parameters


Explain exponential distribution parameters

Presume that the mean parameter θ for the RV L is unknown. To approximation it a random sample of n = 10 light bulbs is selected and the lifetime of each light bulb is measured. Let X denote the number of those 10 sampled light bulbs that burn longer than 1000 hours.

Presume that X = 6 is observed. Utilize the hints below to estimate θ.

How do the parameters for X depend on θ?

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Basic Statistics: Explain exponential distribution parameters
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