Question: All resources is included. Scroll down to see full question. Use Minitab when appropriate. Failure time in hours is given in the following table: 396

All resources is included. Scroll down to see full question. Use Minitab when appropriate.

Failure time in hours is given in the following table:

396 391 401 389 346 343 390 425 360 380 435 362 434
413 437 481 408 413 414 392 374 433 402 376 354
  1. Compute the descriptive statistics.
  2. Determine the best fit distribution of the Exponential, Weibull, Normal, and Lognormal.
  3. For the best fit in part b, determine the MLEs (Maximum Likelihood Estimations).

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