Explain probability using exponential distribution. the, Ask an Expert

Statistics

describe probability using exponential distribution

The average time among failures of a laser machine is exponentially distributed with a mean of 40,000 hours.

a) describe what is the expected time until 4th failure?

b) describe what is the probability that the time to the 5th failure is greater than 80,000 hours?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M920234

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

You know that the price of sunland inc stock will be 36

You know that the price of Sunland, Inc., stock will be $36 exactly one year from today. Today the price of the stock is $34. Determine what must happen to the price of Sunland, Inc., today in order for an investor to ge ...

1 what is the standard deviation of the sampling

1. What is the standard deviation of the sampling distribution? 2. What is the expected value? 3. What is the probability that the average life in the sample will be between 2,670.56 and 2,809.76 hours? 4. What is the pr ...

In a study comparing response rates between treated and

In a study comparing response rates between treated and non-treated subjects, 60% of subjects are observed to have both responded and been treated. If we also know that a randomization ratio of 2:1 was used (e.g. twice a ...

Consider a borrower that is approved for a standard 10-year

Consider a borrower that is approved for a standard 10-year, fully amortizing house mortgage with an original balance of $500,000 and a note rate(annual interest rate) of 4.8% (Standard refers to a fixed rate mortgage co ...

1 prince georges county publicnbspschools wants to access

1) Prince George's County Public Schools wants to access the effectiveness of its new 1st grade reading program. Ten 1st grade classrooms are randomly selected from across the county. What kind of sampling method is bein ...

Homework nbsp- conditional probability amp bayesian

Homework - Conditional Probability & Bayesian Analysis 1) Questions: a. Consider rolling a 6 sided die 100 times to determine the number of times a "1" occurs: i. This is an example of what type of probability? ii. What ...

A 10-year annuity-immediate pays 100 quarterly for the

A 10-year annuity-immediate pays 100 quarterly for the first five years. Starting year 6, the annuity immediate pays 300 quarterly for the remaining five years. There is a nominal annual interest of 8% convertible quarte ...

Next time you see an elderly man check out his nose and

Next time you see an elderly man, check out his nose and ears! While most parts of the human body stop growing as we reach adulthood, studies show that noses and ears continue to grow larger throughout our lifetime. In o ...

An all-equiry business has 175m shares outstanding selling

An all-equiry business has 175M shares outstanding selling for $20/share. Management believes interest rates are unreasonably low and decides to execute a leveraged recapitalization. It will raise $1B in debt and repurch ...

The british department of transportation studied to see if

The British Department of Transportation studied to see if people avoid driving on Friday the 13th. They did a traffic count on a Friday and then again on a Friday the 13that the same two locations ("Friday the 13th," 20 ...

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

Recent Questions

Ask Statistics and Probability Expert