The Schoonover Manufacturing Company monitors the downtimes on its key fabricating machines. Data for the downtimes on

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The Schoonover Manufacturing Company monitors the downtimes on its key fabricating machines. Data for the downtimes on one particular machine are in the file called Schoonover. Assuming that the downtimes are exponentially distributed, use the data in the file to find the probability that a specific downtime will exceed 1.0 minute.

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Business Statistics

ISBN: 9781292220383

10th Global Edition

Authors: David Groebner, Patrick Shannon, Phillip Fry

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