Exercise · ZW-EXPONENTIAL-DISTRIBUTION-009 · ★★★ Advanced

If \(X\) is exponential with \(\lambda=2\), what is its median?

Choose one option.

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  • D. \(\tfrac{\ln 2}{2}\)

Explanation

Solve \(1-e^{-2m}=\tfrac12\), giving \(m=\ln 2/2\approx0.35\), smaller than the mean \(1/2\).

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Review the concept: Exponential distribution

An exponential variable measures the waiting time until the first event of a memoryless process that occurs at a constant rate \(\lambda\); \(f\) is its density.

\[f(x)=\lambda e^{-\lambda x},\quad x\ge0\]

More practice problems: exponential distribution

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