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Lifetime with exponential and Poisson distribution
The lifetime of an electronic device is a rv with exponential distribution ($\mu=1/10$). In a normal week, the hours that the device is used is a rv with Poisson distribution ($\lambda=12$). Calculate ...
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Yet Another Question Concerning Conditional Probability v. Intersection of Events
I know that this is a common problem for students, and evidently I'm no exception; but I simply cannot wrap my head around the difference between when we desire the probability of an intersection of ...
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