a. Use the results of Example 7.5 to obtain a 95% lower confidence bound for the parameter

Question:

a. Use the results of Example 7.5 to obtain a 95% lower confidence bound for the parameter  of an exponential distribution, and calculate the bound based on the data given in the example.

b. If lifetime X has an exponential distribution, the probability that lifetime exceeds t is P(X t)  e t

. Use the result of part

(a) to obtain a 95% lower confidence bound for the probability that breakdown time exceeds 100 min.

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