ok so my problem is:
An outbreak of a particular type of timber infestation occurs, on average, every 30 years for a given region. assuming the probability of an infestation follows an exponential probability distribution, what is the probability of two infestation occurring within 6 years of each other?
I think that i am supposed to use the excel formula =expondist but i cant seem to get it to cooperate. anyone have any input?
An outbreak of a particular type of timber infestation occurs, on average, every 30 years for a given region. assuming the probability of an infestation follows an exponential probability distribution, what is the probability of two infestation occurring within 6 years of each other?
I think that i am supposed to use the excel formula =expondist but i cant seem to get it to cooperate. anyone have any input?