A TV system is expected to last for 50,000 hours before failure. Assume an exponential distribution for
Question:
a. Is the distribution skewed or symmetric?
b. What is the standard deviation of the length of time until failure?
c. The system has been working continuously for the past 8,500 hours and is still on. What is the expected time from now until failure? (Be careful!)
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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a The distribution is skewed b The standard dev...View the full answer
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