The time between breakdowns of aging machines is known to be exponentially distributed with a mean of
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The time between breakdowns of aging machines is known to be exponentially distributed with a mean of 25 hours. The machine has just been repaired. Determine the probability that the next breakdown occurs more than 50 hours from now.
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Related Book For 
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
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