Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 18, 2024

The life of an electric component has an exponential distribution with a mean of8years. What isthe probability that a randomly selected one such component has

The life of an electric component has an exponential distribution with a mean of8years. What isthe probability that a randomly selected one such component has a life more than6years?(Round to 4 decimal places.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

Students also viewed these Mathematics questions

Question

★★★★★

How can bartering improve a company's cash position?

Answered: 1 week ago

Question

★★★★★

Clint Hanks has decided to try a new diet that promises enhanced muscle tone if the daily intake of five essential nutrients is tightly controlled. After extensive research, Clint has determined that...

Answered: 1 week ago

Question

★★★★★

7 Describe the range of feasible transfer prices when there is unused capacity and alternative methods for arriving at the eventual hybrid price

Answered: 1 week ago

Question

★★★★★

1. Zachary Porter of Highland Heights, Kentucky, is contemplating borrowing $10,000 from his bank. The bank could use add-on rates of 6.5 percent for 3 years, 7 percent for 4 years, and 8 percent for...

Answered: 1 week ago

Question

★★★★★

The life of an electric component has an exponential distribution with a mean of8years. What isthe probability that a randomly selected one such component has a life more than6years?(Round to 4...

Answered: 1 week ago

Question

★★★★★

Job Costs, Ending Work in Process During March, Aragon Company worked on three jobs. Data relating to these three jobs follow: 300 Job 78 Job 79 Job 80 Units in each order 160 320 Units sold 160...

Answered: 1 week ago

Question

★★★★★

Exercise 4-11 (Algo) Computing product cost per unit using plantwide method and activity-based costing LO P1, P3 Consider the following data for two products of Vigano Manufacturing. Activity Machine...

Answered: 1 week ago

Question

★★★★★

Computer Networks and Distributed Systems: 2. Suppose the following HDLC sequence bits are transmitted on a link. Show the resulting sequence of bits with removed bit stuffing. (1 point)

Answered: 1 week ago

Question

★★★★★

3. Winston is 66 years old and unmarried. Winston also owns shares in a foreign company. During the current year of assessment, received the following income: Salary of R920 000; Bonus of R90 000 and...

Answered: 1 week ago

Question

★★★★★

Arthur makes a note payable to Bob. Bob negotiates the note to Carl, Carl to David, David to Elvis and Elvis to Fred. Fred, a holder in due course, sees that David, a friend, has endorsed the note....

Answered: 1 week ago

Question

★★★★★

If the pizza parlor can make a maximum of 135 pizzas a day, how many should they expect will be taco pizzas? OA. 74 B. 58 C. 79 D. 51

Answered: 1 week ago

Previous Question Next Question