Let X1,…,Xn be i.i.d.\ Exp(λ) with λ=4 (so E[Xi]=1/4, Var(Xi)=1/16). Define Tn=Xˉn.
(a) Using the delta method, find the asymptotic distribution of n(Tn−μ) where μ=E[Xi].
(b) For n=256, approximate P(T256>0.525).
You may use Φ(1.60)≈0.9452.