A light fixture contains five lightbulbs. The lifetime of each bulb is exponentially distributed with mean 200
Question:
a. Find P(X1 > 100).
b. Find P(X1 > 100 and X2 > 100 and · · · and X5 > 100).
c. Explain why the event T > 100 is the same as {X1 > 100 and X2 > 100 and · · · and X5 >100}.
d. Find P(T ≤ 100).
e. Let t be any positive number. Find P(T ≤ t), which is the cumulative distribution function of T .
f. Does T have an exponential distribution?
g. Find the mean of T.
h. If there were n lightbulbs, and the lifetime of each as exponentially distributed with parameter λ, what would be the distribution of T?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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