Independent solution
How to solve this Exponential Distribution question
Setup
Setup
For an exponential lifetime with mean θ, variance is θ squared and survival at time t is exp(-t/θ).
Model
Model
Relate the two survival values without first solving for the common time.
Compute
Compute
Equal exponents imply the second mean is twice the first; square that ratio for variances.
Answer
Answer
The second lifetime variance is 22.40.