Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

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

Have any Question? 


Related Questions in Statistics and Probability

Imagine that you want to know whether the sat is biased

Imagine that you want to know whether the SAT is biased against Group X and in favor of Group Y. You administer the SAT to members of the two groups; then, 4 years later, you examine the correlations between SAT scores a ...

John is an avid fisherman and wants to know if there is a

John is an avid fisherman and wants to know if there is a correlation between the amount of time he spends fishing and the amount of fish he catches. He decided to keep track of the time he spent at the lake and the amou ...

Assignmentfirst problem a test consists of 10 truefalse

Assignment First problem: A test consists of 10 true/false questions. To pass the test a student must answer at least 6 questions correctly. If a student guesses on each question, what is the probability that the student ...

The umuc minimart sells five different types of coffee mugs

The UMUC MiniMart sells five different types of coffee mugs. The manager reports that the five types are equally popular. Suppose that a sample of 500 purchases yields observed counts 110, 100, 110, 100, and 80 for types ...

Suppose that x is a continuous random variable with pdf fxx

Suppose that X is a continuous random variable with pdf fx(x) = (lambda/2)e-lambda(abs(x)) for -infinity (question also attached for clarity)

Wat were the key political features of the roman republic

What were the key political features of the Roman Republic? How and why did this system of government collapse? Does our republic share any of the weaknesses of the Roman Republic?

Consider the approximately normal population of heights of

Consider the approximately normal population of heights of male college students with mean μ = 68 inches and standard deviation of σ = 4.6 inches. A random sample of 16 heights is obtained. (a) Describe the distribution ...

Net exports are calculated by subtracting imports from

Net Exports are calculated by subtracting Imports from Exports. Assume Exports and Imports are independent of one another.  If mean exports are $25M with a standard deviation of $3.5M and mean imports are $30M with a sta ...

Measures of central tendency summative taskon a separate

Measures of Central Tendency Summative Task On a separate paper hand out the solution of the two parts of the investigation: Part One - Use the given data set to solve the following problems: 50, 55, 60, 60,70, 80 A. Fin ...

Suppose a new student honors societynbspalpha alpha

Suppose a new student honors society, Alpha Alpha Alpha, is going to start at Harvard. Alpha Alpha Alpha aims to be exclusive and only wants the best students.Currently, there are about 10,000 students enrolled at Harvar ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro