Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem 3 A highway contractor order 10 road graders from a rental company. Records show that trouble-free operational time of a road grader has a

image text in transcribed
image text in transcribed
Problem 3 A highway contractor order 10 road graders from a rental company. Records show that trouble-free operational time of a road grader has a mean time of 35 days with a standard deviation of 8.75 days. if the distribution of trouble-free operational time follows a gamma distribution, a. What is the probability that a road grader will be operational without a problem for 40 days? Hint: (18.3, 16) = 0.264 (0.736) b. If the rental company has an inventory of 50 graders and assuming that 10% will have a trouble-free operational life of less than 40 days, what is the probability of 2 out of the 10 ordered graders to have operational lives of less than 40 days? (0.021)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Calculus Single Variable

Authors: Deborah Hughes Hallett, Deborah Hughes Hallet, Andrew M Gleason, William G McCallum, Daniel E Flath, Patti Frazer Lock, David O Lomen, David Lovelock,

6th Edition

1118748611, 9781118748619

More Books

Students also viewed these Mathematics questions

Question

Technology

Answered: 1 week ago

Question

Population

Answered: 1 week ago