Suppose that the lifetimes of electric light bulbs follow an Exponential distribution with mean
1000 hours. A
random sample of 40 light bulbs is tested. The probability that the mean
lifetime is at least 900 hours is:
The Variance will be "Var(\\bar{X})=\\dfrac{\\lambda^2}{n}."
"\\mu=1000\\ h, n=40"
"\\beta^2=Var(nX)"
"=\\sqrt{\\dfrac{1}{40(1000)^2}}=1.58\\times10^{-4}"
Exponential distribution
"=e^{-\\beta(900)}=e^{-1.58\\times10^{-4}(900)}=0.867448"
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