Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

D E F G H K M N Often, critical systems in a variety of applications are set up in parallel to avoid catastrophic

image text in transcribed

D E F G H K M N Often, critical systems in a variety of applications are set up in parallel to avoid catastrophic failure (for example, military or medical applications). Consider a system with 5 critical but highly sensitive components running in parallel. As long as one of these components functions, the system remains operational. The probability that one of the parallel components fails is 0.125, and the probability of failure of one component is independent of another. a) Parameter value(s) and distribution (using @Risk) A B C 1 2 3 4 5 6 7 8 9 Distribution 10 Parameter(s) 11 b) Use Excel and @Risk to determine the probability of system failure. c) Excel function From @Risk (paste graph below confirming your answer) 12 13 14 15 16 17 18 19 20 21 22 P R S T Use Excel and @Risk to determine the probability of 3 or more components failing. Excel function From @Risk (paste graph below confirming your answer)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Statistics

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

3rd Edition

9780321925831

Students also viewed these Mathematics questions

Question

What is ERM?

Answered: 1 week ago

Question

(b) What steps could lead to a higher level of contribution?

Answered: 1 week ago