The operating time until failure, in 100,000 hour units, of a hard disk that your company manufactures
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The operating time until failure, in 100,000 hour units, of a hard disk that your company manufactures follows an exponential distribution, Exponential(2.5).
(a) Simulate time-until-failure outcomes of 25 of your hard disks.
(b) Calculate the sample mean and variance, and compare them to the true mean and variance.
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Related Book For
Mathematical Statistics For Economics And Business
ISBN: 9781461450221
2nd Edition
Authors: Ron C.Mittelhammer
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