Question: We observe 12 components, starting from time t = 0. The component life times are independent. Observation ends immediately following the 8th failure, which occurs

We observe 12 components, starting from time t = 0. The component life times are independent. Observation ends immediately following the 8th failure, which occurs at time t = 13.48. Give (correct to 2 decimal places) an appropriate estimate for F(13.48), using the Mean ranking method

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