: On average, an electronic device lasts seven years. The length of the time that this device
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Question:
: On average, an electronic device lasts seven years. The length of the time that this device
lasts is exponentially distributed.
a What is the variance of the time that tihs device lasts? Calculate the variance using the pdf
b What is the probability that this device will last less than years?
c What is the probability that this device will last more than years?
d Given that this device lasts more than years, what is the probability that it will last less than
years?
e Eighty percent of these devices last at most how long?
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