Subject Mathematics General Statistics

Question

A device has a constant failure rate of 0.7/year.
a) What is the probability of that the device will fail during the second year of operation?
b) If upon failure the device is immediately replaced, that there will be more than one failure in 3 years of operation.

Solution Preview

This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.

The failure rate tells us what is the probability of failure of the device, i.e. the time rate of change of the probability of failure. It is 0.7/year, meaning there is a 70% chance the device will fail after one year. The probability of failure in the year Y is calculated as:

F(Y)=1-R(Y)...

This is only a preview of the solution. Please use the purchase button to see the entire solution

$15.00

or $1 if you
register a new account!

Assisting Tutor

Related Homework Solutions

Least Squares in Multiple Regressions
Homework Solution
$100.00
Mathematics
Statistics
Least Squares
Multiple Regressions
Hypothesis Testing
Predictor Variables
Sum of Squares
Residual Plots
Minitab
Partial F Test
General Statistics Questions
Homework Solution
$15.00
Mean
Histogram
Population
Sample
General Statistics
Dispersion
Distribution
Hypotheses
Managerial Report
Homework Solution
$40.00
Pelican Stores
Managerial Report
Net Sales
Payment
Customer
Scatter Plot
Descriptive Statistics
Get help from a qualified tutor
Live Chats