Exercise · ZW-EXPONENTIAL-DISTRIBUTION-010 · ★★★ Advanced
If \(X\) is exponential with mean 4, what is its standard deviation?
Choose one option.
Show answer
- B. \(4\)
Exercise · ZW-EXPONENTIAL-DISTRIBUTION-010 · ★★★ Advanced
Choose one option.
Since \(\operatorname{Var}(X)=1/\lambda^2=16\), the standard deviation is \(1/\lambda=4\): equal to the mean.
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.