Example. The sales tax return of a salesman is exponentially distributed with parameter . What 4 is the probability that his sale will exceed 10,000 assuming that sales tax is charged at the rate of...


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Example. The sales tax return of a salesman is<br>exponentially distributed with parameter . What<br>4<br>is the probability that his sale will exceed 10,000<br>assuming that sales tax is charged at the rate of<br>5% on the sales ?<br>

Extracted text: Example. The sales tax return of a salesman is exponentially distributed with parameter . What 4 is the probability that his sale will exceed 10,000 assuming that sales tax is charged at the rate of 5% on the sales ?

Jun 08, 2022
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