Data collected at Toronto Pearson International Airport suggests that an exponential distribution with mean value 2.725 hours is a good model for rainfall duration.
(a) What is the probability that the duration of a particular rainfall event at this location is at least 2 hours? At most 3 hours? Between 2 and 3 hours?
(b) What is the probability that rainfall duration exceeds the mean value by more than 2 standard deviations?