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On average, a certain kind of kitchen appliance requires repairs once every four years. Assume that the times between repairs are exponentially distributed. What is

On average, a certain kind of kitchen appliance requires repairs once every four years. Assume that the times between repairs are exponentially distributed. What is the probability that the appliance will work at least eight years without requiring repairs?

Multiple Choice

  • 0.1353
  • 0.5666
  • 0.2578
  • 0.6891

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