(All Steps) Let X_i for i=1,2,....,16 be independent random variables, each being exponentially distributed, with parameter λ =16. Use the Central
Question: Let \({{X}_{i}}\) for \(i=1,2,....,16\) be independent random variables, each being exponentially distributed, with parameter \(\lambda =16\). Use the Central Limit Theorem to approximate \(\Pr \left( \sum\nolimits_{i=1}^{16}{{{X}_{i}}}>1.5 \right)\)
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