Question
Consider that the lifetime of a particular brand of laptop battery follows an exponential distribution with an average lifetime of 10 years. Again consider that
Consider that the lifetime of a particular brand of laptop battery follows an exponential distribution with an average lifetime of 10 years. Again consider that you have this particular brand of laptop battery which is 7 years old and still functioning. Find the probability that your laptop battery will alive for 8 more years. Explain the procedure or methodology that you have used to solve this problem.
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Business Statistics In Practice
Authors: Bruce Bowerman, Richard O'Connell
6th Edition
0073401838, 978-0073401836
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