Q47Comprehension2 Marks7 Aug 2022
Passage
The time (in minutes) required to repair electronic gadgets by an electrician is an exponential random variable with unknown parameter . Consider a sample (in minutes) 10, 11, 25, 1, 4, 5, 8, 35, 14, 15 from his previous repairing time. Based on the above data, answer the given subquestions.
Find the method of moments estimate of for the given sample. Enter the answer correct to three decimal places.
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