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Problem (IIT JEE 1989): The decay constant of a radioactive sample is $\lambda$. The half-life and mean-life of the sample are respectively given by
Solution: The half life and average life of a radioactive sample with decay constant $\lambda$ are given by, $T_{1/2}=\ln(2)/\lambda=0.693/\lambda$ and $\tau=1/\lambda$.