Consider a product that is settled in. Its MTBF distribution has been found to be normal with

Question:

Consider a product that is "settled in." Its MTBF distribution has been found to be normal with a mean of 10,000 hours and a standard deviation of 100 hours. What is the probability of a breakdown before 8,000 hours? Before 9,000 hours? Would you prefer a policy of preventive maintenance, or a policy of breakdown maintenance, on this product? Explain your choice. Please note that a good logical explanation is critical in this discussion.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: