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OpenStax, Introductory Business Statistics 2e §5.3 The Exponential Distribution · Exercise 37 · Probability · Continuous distributions

The Exponential Distribution · Exercise 37

During the years 1998–2012, a total of 29 earthquakes of magnitude greater than 6.5 have occurred in Papua New Guinea. Assume that the time spent waiting between earthquakes is exponential.

(a) What is the probability that the next earthquake occurs within the next three months?
(b) Given that six months has passed without an earthquake in Papua New Guinea, what is the probability that the next three months will be free of earthquakes?
(c) What is the probability of zero earthquakes occurring in 2014?
(d) What is the probability that at least two earthquakes will occur in 2014?

This problem repeats another one in the library (at most with different numbers), so it's left out of browsing.

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OpenStax, Introductory Business Statistics 2e · §5.3 The Exponential Distribution · Exercise 37

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