QUESTION 5 Empire Electronics manufactures its own k-cup coffee makers. The lifespan of its base model is exponentially distributed with a mean of 4 years. This retail chain has promoted a five-year warranty on this household appliance. Assume the time between manufacture and sale is negligible. What is the likelihood that the basic model k-cup coffee maker manufactured and sold by Empire Electronics would last no more than two and one-half years? Express your answer rounded to the nearest whole percentage with percent symbol. 2.5 points

QUESTION 6 Empire Electronics manufactures its own k-cup coffee makers. The lifespan of its base model is exponentially distributed with a mean of 4 years. This retail chain has promoted a five-year warranty on this household appliance. Assume the time between manufacture and sale is negligible. What is the likelihood that the basic model k-cup coffee maker manufactured and sold by Empire Electronics would last at least three and one-half years? Express your answer rounded to the nearest whole percentage with percent symbol. 2.5 points