It is given that (T), the time (in seconds) it takes Santa's engineer elves to make a
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It is given that \(T\), the time (in seconds) it takes Santa's engineer elves to make a remote controlled car, is Weibull distributed with parameters \(\lambda=2.5\) and \(k=1\).
(a) What is the expected time for the engineering elves to make a car?
(b) What is the standard deviation for the time for the engineering elves to make a car?
(c) What is the probability that they take between 0.5 and 1.5 seconds?
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Related Book For
The Bayesian Way Introductory Statistics For Economists And Engineers
ISBN: 9781119246879
1st Edition
Authors: Svein Olav Nyberg
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