For a certain type of halogen light bulb, an old bulb that has been in use for

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For a certain type of halogen light bulb, an old bulb that has been in use for a while tends to have a longer life than a new bulb. Let x represent the life (in hours) of a new halogen light bulb and assume that x has an exponential distribution with mean θ = 250 hours. According to Microelectronics and Reliability (Jan. 1986), the "life" distribution of x is considered new better than used (NBU) if
P(x > a + b) ≤ P(x > a) P(x > b)
Alternatively, a "life" distribution is considered new worse than used (NWU) if
P(x > a + b) ≥ P(x > a)P(x > b)
a. Show that when a = 300 and b = 200, the exponential distribution is both NBU and NWU.
b. Choose any two positive numbers a and b and repeat part a.
c. Show that, in general, for any positive a and b, the exponential distribution with mean θ is both NBU and NWU. Such a "life" distribution is said to be new same as used, or memory less. Explain why. 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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Statistics For Business And Economics

ISBN: 9780321826237

12th Edition

Authors: James T. McClave, P. George Benson, Terry T Sincich

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