State the formula for the exponential probability curve, Applied Statistics

State the formula for the exponential probability curve

1. Give two examples of situations in which the exponential distribution might be used appropriately. In each case, define the random variable having an exponential distribution.

2. State the formula for the exponential probability curve. Define each symbol in the formula.

3. Explain the relationship between the Poisson and exponential distributions.

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Applied Statistics: State the formula for the exponential probability curve

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Applied Statistics: State the formula for the exponential probability curve

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