Suppose eye shadow and eyeliner have a shelf life of up to three years, and the shelf

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Suppose eye shadow and eyeliner have a shelf life of up to three years, and the shelf lives of these two products are exponentially distributed with an average of one year.

a. Calculate the probability that the shelf life of eye shadow will be longer than three years.

b. Determine the probability that at least one of these products will have a shelf life of more than three years.

c. Determine the probability that a purchased eyeliner that is useful after one year will be useful after three years.

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Business Statistics

ISBN: 9781292220383

10th Global Edition

Authors: David Groebner, Patrick Shannon, Phillip Fry

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Question Posted: Sep 19, 2024 06:01 PM

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Suppose eye shadow and eyeliner have a shelf life of up to three years, and the shelf

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Business Statistics

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