Question: A device can fail in four different ways with probabilities 1 = 0.2, 2 = 0.1, 3 = 0.4, and 4 = 0.3. Suppose

A device can fail in four different ways with probabilities π1 = 0.2, π2 = 0.1, π3 = 0.4, and π4 = 0.3. Suppose there are 12 devices that fail independently of one another. What is the probability of 3 failures of the first kind, 4 of the second, 3 of the third, and 2 of the fourth?

Step by Step Solution

3.42 Rating (149 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Probability of 3 failure of first type 02 Pro... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!