Question: A component has a constant hazard rate of 0.2. (a) What is the probability that the component is still operating at time 4.0? (b) What

A component has a constant hazard rate of 0.2.
(a) What is the probability that the component is still operating at time 4.0?
(b) What is the probability that the component fails before time 6.0?

Step by Step Solution

★★★★★

3.36 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The failure time distr... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

943-M-S-P (9751).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

The germination time of a seed in days is modeled as having a constant hazard rate of 0.31. (a) What is the probability that a seed has not germinated after 6 days? (b) What is the probability that a...

A component has an exponential failure time distribution with a mean time to failure of 225 hours. (a) What is the probability that the component is still operating after 250 hours? (b) What is the...

A component has an exponential failure time distribution with a mean time to failure of 35 days. (a) What is the probability that the component is still operating after 35 days? (b) What is the...

The exponential distribution is an example of a skewed distribution. It is defined by the density function with parameter l. The mean of an exponential distribution The exponential distribution is...

Total = 3 marks The figure shows a reliability block diagram with 3 components. Component B and C are in parallel. Component A is in series with the B.C combination. A B Assume the mission time is...

Hi, I am doing a project for derivatives class and I have some questions about a regression and Monte Carlo simulation that I need to come up with. So the goal is to hedge against CDS instruments by...

Fundamentals system 1. Two circuit breakers of the same design (each) have a failure-to-open-on-demand probability of 0.02. The breakers are placed in series so that both must fail to open in order...

I have a question on Profitability ratios based on a financial statement. Please open the attachments below. INDEPENDENT AUDITORS' REPORT TO PARLIAMENT AND THE SHAREHOLDER OF SOUTH AFRICAN AIRWAYS...

I NEED ANWSNERS FOR THE LAST THREE QUETIONES IN STEP BY STEP 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Cost of Production Schedule Cost per unit Production (units) Production...

Ahmad's car breakdown during returning from Johor Bahru to Kuala Lumpur. PLUS Ronda came and found that the battery is weak and replaced it. After 40 minutes' drive, the car breakdown again and the...

Make the following entries from Credit Card and Debit Card Sales. a) A sale of $2,000 was made + HST 13%. The customer paid with his Bank VISA Card. The Service fee is 4%. (11 Marks) b) A sale of...

A corporabe bond makes payments of 6 . deteribes this bond? A . a 1 0 - year bond with a faoe volut of $ 2 . 0 0 0 and a coupon nabe of 4 . 1 % with monthly papronth B . a 1 0 - year hond with a face...

Go to this texts Web site at www.cengage.com/blaw/ele and select Chapter 9. Click on Video Questions and view the video titled International: Letter of Credit. Then answer the following questions. 1....

One of the greatest problems in marketing research and other survey fields is the problem of non-response to surveys. In home interviews the problem arises when the respondent is not home at the time...

An investment analyst collects data on stocks and notes whether or not dividends were paid and whether or not the stocks increased in price over a given period. Data are presented in the following...

The following table lists the number of firms where the top executive officer made over $1 million per year. The table also lists firms according to whether shareholder return was positive during the...

1. Empirical evidence about the link between deposit insurance and banking crisis found that: A. Deposit insurance always decrease the chance of a banking crisis B. Deposit insurance always increase...

Assume that the firm invests $75,600 today to get $14,500 at Year 1 (i.e. one year from now), $22,000 at Year 2, $15,700 at Year 3, $30,000 at Year 4, \$19,500 at Year 5, \$19,370 at Year 6. What's...

Starkey Percussion, Inc., is a well-established supplier of fine percussion instruments to orchestras all over the United States. The companys class A common stock has paid a dividend of $7.25 per...