Independent solution

How to solve this Exponential Distribution question

Setup

Setup

Let beta be the exponential mean and write the survival function in terms of that scale.

S(x)=ex/βS(x)=e^{-x/\beta}

Model

Model

At the supplied 40th percentile, the survival probability is 0.60. Substitute the given percentile value into the survival equation.

e4ln(5/3)/β=0.60=35e^{-4\ln(5/3)/\beta}=0.60=\frac35

Compute

Compute

Because three-fifths equals exp[-ln(5/3)], the scale is 4. Apply the median survival probability to that scale.

β=4\beta=4
em/4=0.50e^{-m/4}=0.50
m=4ln(0.50)=4ln2m=-4\ln(0.50)=4\ln2

Answer

Answer

The exponential median is four times the natural logarithm of two.

4ln2(B)\boxed{4\ln2\quad\text{(B)}}