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A factory produces parts with an exponential lifetime (in years) modeled as X Exp(). Unfortunately, the quality of the parts has been irregular lately, and
A factory produces parts with an exponential lifetime (in years) modeled as X Exp(). Unfortunately, the quality of the parts has been irregular lately, and the rate parameter is not a constant but rather modeled as a realization of a continuous random variable Uniform([1, 10]). Accounting for both sources of randomness, what is the expected lifetime of a part produced by this factory?
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