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4.138 The random variable xcan be adequately approximated by an exponential probability distribution with=2 . Find the probability that xassumes a value

a. More than 3 standard deviations from

b. Less than 2 standard deviations from

c. Within half a standard deviation of

Short Answer

Expert verified

a. The probability of x assumes a value more than 3 standard deviations from its mean is 0.0183

b. The probability of x assumes a value less than 2 standard deviations from its mean is 0.

c. The probability of x assumes a value withinhalf standard deviations from its mean is 0.3834

Step by step solution

01

Given Information

The random variable x has an exponential distribution with=2

02

The probability density function of x

Here x is a random variable with parameters=2

The pdf of x is given by,

fx;=1exp-x;x>0

Here,=2

fx=12exp-x2;x>0

03

Finding mean and standard deviation

The mean of the random variable is given by,

=2=2

The standard deviation is given by,

=2=22=2

04

Finding the CDF

Fx=PXx=0xftdt=0x12exp-t2dt=12exp-t2-120x=-exp-x2+1=1-exp-x2=1-exp-0.5xFx=1-exp-0.5x

05

Finding the probability when x assumes a value more than 3 standard deviations from μ

a.

The probability of x assumes a value more than 3 standard deviations from its mean

is,

Px>+3=Px>2+32=Px>8=1-Px8=1-F8=1-1-exp-0.58=exp-4=0.0183

Thus, the probability is 0.0183.

06

Finding the probability when x assumes a value less than 2 standard deviations from μ

b.

The probability of x assumes a value less than 2 standard deviations from its mean

is,

Px<-2=Px<2-22=Px<-2=F-2=0since,x>0

Thus, the probability is 0.

07

Finding the probability when x assumes a value within a half standard deviations from μ

c.

The probability of x assumes value withinhalf standard deviations from its mean

is,

P-0.5<x<+0.5=P2-0.52<x<2+0.52=P1<x<3=Px<3-Px=F3--F1=1-exp-0.53-1-exp-0.51=exp-0.5-exp-1.5=0.606531-0.22313=0.3834

Thus, the required probability is 0.3834.

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