Madame Dubois bought 20 pearl necklaces for $500. Becoming bored quickly, she sold 3/4 of them at $40 each. She sold the rest at
2 answers:
You might be interested in
Answer:
The value of the parameter is λ is 0.03553357
Step-by-step explanation:
Consider the provided function.
for −∞ < x < ∞.
It is given that standard deviation is given as 39.8 km.
Now we need to calculate the value of parameter λ.
The general formula for the probability density function of the double exponential distribution is:
Where μ is the location parameter and β is the scale parameter.
Compare the provided equation with the above formula we get.
and μ = 0.
Standard deviation = √2β
Now substitute the value of β in .
Hence, the value of the parameter is λ is 0.03553357