Let X∼Exponential(λ)X \sim \text{Exponential}(\lambda)X∼Exponential(λ). What is the median?
λ\lambdaλ
1/λ1/\lambda1/λ
ln(2)/λ\ln(2)/\lambdaln(2)/λ
ln(0.5)/λ\ln(0.5)/\lambdaln(0.5)/λ