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Laptop computers produced by the company have average life of 38.36 months. Suppose that the life of the computer is exponentially distributed (which is good assumption).

  1. Find out the probability that the computer will fail in 12 months?
  2. If the company gives the warranty period of 12 months, what proportion of computers will fail throughout the warranty period?
  3. Based upon the answer to (b), would you say the company can afford to provide a warranty period of 12 months?
  4. If the company wants not more than 5% of computers to fail throughout the warranty period, what should be warranty period?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M920936

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