Question: Consider the stand-by system shown in the accompanying figure. The components have an exponential lifetime distribution, and the decision switch operates perfectly. The MTTF of

Consider the stand-by system shown in the accompanying figure. The components have an exponential lifetime distribution, and the decision switch operates perfectly. The MTTF of each component is 500 hours. Assuming that the components operate independently, calculate the system reliability at 1,500 hours.
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