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The average lifetime of a certain new cell phone is 5 years. The manufacturer will replace any cell phone failing within 2 years of the
The average lifetime of a certain new cell phone is5years. The manufacturer will replace any cell phone failing within2years of the date of purchase. The lifetime of these cell phones is known to follow an exponential distribution.
What is the median lifetime of these phones (in years)? (Round your answer to four decimal places.)
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