Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Consider an n-component system where component i, i = 1, ... , n, functions for an exponential time with rate λi and then fails; upon failure, repair begins on component i, with the repair taking an exponentially distributed time with rate μi . Once repaired, a component is as good as new. The components act independently except that when there is only one working com- ponent the system is temporarily shut down until a repair has been completed; it then starts up again with two working components.

(a) What proportion of time is the system shut down?

(b) What is the (limiting) averaging number of components that are being repaired?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91721606

Have any Question?


Related Questions in Statistics and Probability

A test of the null A test of the null hypothesis  H 0 :  μ  =  μ 0  gives test statistic 

A test of the null hypothesis  H 0 :  μ  =  μ 0  gives test statistic  z  = -0.58  (Round your answers to four decimal places.) a) What is the  P -value if the alternative is  H a :  μ  >  μ 0 ? b) What is the  P -value ...

Dave and ellen are newly married and living in their first

Dave and Ellen are newly married and living in their first house. The yearly premium on their homeowner's insurance policy is $400 for the coverage they need. Their insurance company offers a discount of 8 percent if the ...

Based on labor statistics17nbspof workers in a particular

Based on labor? statistics,17% of workers in a particular profession are female. Complete parts a through e below based on a random sample of 8 workers in this profession. a. What is the probability that exactly one work ...

Buses run every 15 minutes along a certain route during

Buses run every 15 minutes along a certain route during rush hour. The time that a person would have to wait at a bus stop is uniformly distributed between 0 and 18 minutes. a. What is the probability that this person ha ...

1 three-circle red-on-white is one distinctive pattern

1) Three-circle, red-on-white is one distinctive pattern painted on ceramic vessels of the Anasazi period found at an archaeological site. At one excavation, a sample of 165 potsherds indicated that 74 were of the three- ...

Bond x1 is a premium bond with a 12 coupon bond x2 is a 6

Bond X1 is a premium bond with a 12% coupon. Bond X2 is a 6% coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 8%, and have seven years to maturity. (Round off all answers to 2 d ...

In a sample of 150 hospital emergency admissions with a

In a sample of 150 hospital emergency admissions with a certain diagnosis, 128 listed vomiting as a presenting symptom. Do these data provide sufficient evidence to indicate, at the .01 level of significance, that the po ...

A nutritional scientist wishes to study the effect of

A nutritional scientist wishes to study the effect of storage time on the amount of vitamin C (milligrams) contained in 50 gram freeze dried fruit packs when stored for one, one and a half and 2 years. Five fruit packs w ...

If two samples a and b had the same mean and sample size

If two samples A and B had the same mean and sample size, but sample A had a larger standard deviation, which sample would have the wider 95% confidence interval?

You invested 7900 one year ago today it is worth 865490

You invested $7,900 one year ago. Today it is worth $8,654.90. What annual rate of interest did you earn? [use annual compounding]

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As