Historical evidence indicates that times between fatal accidents on scheduled American

Chapter 4, Problem 4.93

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Historical evidence indicates that times between fatal accidents on scheduled American domestic passenger flights have an approximately exponential distribution. Assume that the mean time between accidents is 44 days. a If one of the accidents occurred on July 1 of a randomly selected year in the study period, what is the probability that another accident occurred that same month? b What is the variance of the times between accidents?

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