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describe probability using exponential distribution

Failures in equipment at a large industrial plant have been observed to be approximately a Poisson process with parameter λ = ½ per hour (1 every 2 hour). Describe T as the time until the first breakdown after the plant opens. Complete the subsequent probabilities.

1) Probability that it is at least 1 hour before the first breakdown.

2) Probability that it is no more than 4 hours to the first breakdown

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M920231

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