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If $X \\sim \\operatorname{exp}(\\lambda)$ then $\\displaystyle \\operatorname{E}[X] =\\frac{1}{\\lambda}$ and  $\\displaystyle \\operatorname{Var}(X)=\\frac{1}{\\lambda^2}$.

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Also $P(X \\lt a)=1-e^{-\\lambda a}$.

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a)

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If $X \\sim \\operatorname{exp}(\\var{ra})$ then:

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$\\displaystyle \\operatorname{E}[X] =\\frac{1}{\\lambda}=\\frac{1}{\\var{ra}}=\\var{ans1}$ to 3 decimal places.

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$\\displaystyle \\operatorname{Var}(X) =\\frac{1}{\\lambda^2}=\\frac{1}{\\var{ra}^2}=\\var{ans2}$ to 3 decimal places.

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b)

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$P(X \\lt \\var{thistime}) = 1 -(e ^ {-\\var{ ra} \\times \\var{thistime}}) = 1 -(e ^ { -\\var{ra * thistime}}) = \\var{ans3}$ to 3 decimal places.

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Find $\\operatorname{E}[X]$ between {this}:

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$\\operatorname{E}[X]=$ [[0]]{period} (enter as a decimal correct to 3 decimal places).

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Find $\\operatorname{Var}(X)$:

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$\\operatorname{Var}(X)=$ [[1]] (enter as a decimal correct to 3 decimal places).

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Find the probability that the time between {that} is less than $\\var{thistime}$ {period}:

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 $P(X \\lt \\var{thistime})=$ [[0]](enter as a decimal correct to 3 decimal places)

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The time,  in {period} between {this} follows an exponential distribution with rate $\\var{ra}$ i.e. 

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\\[X \\sim \\operatorname{exp}(\\var{ra})\\]

\n \n ", "variable_groups": [], "variablesTest": {"maxRuns": 100, "condition": ""}, "variables": {"that": {"definition": "\"two customers arriving \"", "templateType": "anything", "group": "Ungrouped variables", "name": "that", "description": ""}, "this": {"definition": "\"customer arrivals at the RyanJet check-in desk at Newcastle Airport \"", "templateType": "anything", "group": "Ungrouped variables", "name": "this", "description": ""}, "ans1": {"definition": "precround(1/ra,3)", "templateType": "anything", "group": "Ungrouped variables", "name": "ans1", "description": ""}, "ans2": {"definition": "precround(1/ra^2,3)", "templateType": "anything", "group": "Ungrouped variables", "name": "ans2", "description": ""}, "ans3": {"definition": "precround(tans3,3)", "templateType": "anything", "group": "Ungrouped variables", "name": "ans3", "description": ""}, "period": {"definition": "\"minutes\"", "templateType": "anything", "group": "Ungrouped variables", "name": "period", "description": ""}, "ra": {"definition": "random(0.2..1.2#0.1)", "templateType": "anything", "group": "Ungrouped variables", "name": "ra", "description": ""}, "tol": {"definition": "0.001", "templateType": "anything", "group": "Ungrouped variables", "name": "tol", "description": ""}, "tans3": {"definition": "1-exp(-ra*thistime)", "templateType": "anything", "group": "Ungrouped variables", "name": "tans3", "description": ""}, "thistime": {"definition": "random(0.8..1.8#0.1)", "templateType": "anything", "group": "Ungrouped variables", "name": "thistime", "description": ""}}, "metadata": {"notes": "\n \t\t \t\t

1/01/2013:

\n \t\t \t\t

This question can be changed to other applications via string variables. Added tag sc.

\n \t\t \n \t\t", "description": "

Question on the exponential distribution involving a time intervals and arrivals application, finding expectation and variance. Also finding the probability that a time interval between arrivals is less than a given period. All parameters and times randomised. 

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