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Probability that a person is willing to commute more miles

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Reference no: EM131643734

Question: Suppose that the distance, in miles, that people are willing to commute to work is an exponential random variable with a decay parameter 1/20 . Let X = the distance people are willing to commute in miles. What is m, μ, and σ? What is the probability that a person is willing to commute more than 25 miles?

Reference no: EM131643734

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