The lifetime (hours) of an electronic device is a random variable with the exponential probability density function:
Question:
f(x) = 1/50e-x/50 for x ≥ 0
a. What is the mean lifetime of the device?
b. What is the probability the device fails in the first 25 hours of operation?
c. What is the probability the device operates 100 or more hours before failure?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (15 reviews)
a 50 hours b P...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Quantitative Methods for Business
ISBN: 978-0324651751
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam
Question Posted:
Students also viewed these Statistics questions
-
The length of certain bricks is a random variable with a mean of 8 inches and a standard deviation of 0.1 inch, and the thickness of the mortar between two bricks is a random variable with a mean of...
-
The concentration of a reactant is a random variable with probability density function a. What is the probability that the concentration is greater than 0.5? b. Find the mean concentration. c. Find...
-
The concentration of a reactant is a random variable with probability density function a. What is the probability that the concentration is greater than 0.5? b. Find the mean concentration. c. Find...
-
Widows DeVries and McAfee claimed their husbands died from cancer due to asbestos exposure while serving on Navy ships that included parts produced by Air & Liquid Systems Corp (ALS). Asbestos...
-
Krispy Kreme Doughnuts, Inc. is a leading retailer and wholesaler of doughnuts. Krispy Kreme owns or franchises 1,000 stores where the "hot" light tells you if doughnuts are cooking. Dunkin' Brands...
-
The following cash flow information pertains to the 2014 operations of Fishmaster, Inc., a maker of fishing equipment. Cash collections from customers ........... $79,533 Cash payments to suppliers...
-
Pew Research Center collected data on the same 10 political value questions from 1994 to 2014 and combines these responses to place each person on a scale ranging from consistently liberal to...
-
If you put $ 15,000 in the bank today to save for college, and leave it for 20 years, what quarterly rate of interest will you have to earn in order to be able to pay a $ 50,000 tuition bill when you...
-
Consider the following combinational circuit with 3 inputs a, b, c and two outputs F1 and Fo given by its truth table. a b C Fo F 0 0 0 1 0 0 1 0 1 0 1 0 0 1 0 1 1 1 1 1 0 0 0 1 1 0 1 0 0 1 1 0 0 1 1...
-
In 2005, Bob Moyer was reviewing production costs for Mile High Cycles. Located in Denver, Colorado, the company sold very high-quality, handcrafted mountain bikes to bicycle retailers throughout the...
-
Using the information in P11-3A, compute the overhead controllable variance and the overhead volume variance. Discuss.
-
The time (in minutes) between telephone calls at an insurance claims office has the exponential probability distribution: f(x) = 0.50e-.50x for x 0 a. What is the mean time between telephone calls?...
-
(a) What is the pH at the equivalence point when 0.030 0 M NaF is titrated with 0.0600 M HClO4? (b) Why would an indicator end point probably not be useful in this titration?
-
A positively charged particle is in the center of a parallel-plate capacitor that has charge \(\pm Q\) on its plates. Suppose the distance between the plates is doubled, with the charged particle...
-
The pocket of hot air appears to be a pool of water because A. Light reflects at the boundary between the hot and cool air. B. Its density is close to that of water. C. Light refracts at the boundary...
-
Microbes such as bacteria have small positive charges when in solution. Public health agencies are exploring a new way to measure the presence of small numbers of microbes in drinking water by using...
-
You know that you sound better when you sing in the shower. This has to do with the amplification of frequencies that correspond to the standing-wave resonances of the shower enclosure. A shower...
-
Sperm whales, just like bats, use echolocation to find prey. A sperm whale's vocal system creates a single sharp click, but the emitted sound consists of several equally spaced clicks of decreasing...
-
According to the Coase theorem, a. private actors can reach agreement to solve the problem of externalities without the government. b. corrective subsidies are the best policy to solve the problem of...
-
As long as we can't lose any money, we have a risk-free investment." Discuss this comment. Q2: Both investing and gambling can be defined as "undertaking risk in order to earn a profit." Explain how...
-
Solve the exponential equations in Problems 5358. Show the approximation you obtain with your calculator without rounding. 1 + 0.08\360x 360 2
-
Ten weeks of data on the Commodity Futures Index are 7.35, 7.40, 7.55, 7.56, 7.60, 7.52, 7.52, 7.70, 7.62, and 7.55. a. Compute the exponential smoothing values for = 0.2. b. Compute the exponential...
-
The enrollment data (figures in thousands) for a state college for the past six years are shown. Develop the equation for the linear trend component for this time series. Comment on what is happening...
-
The president of a small manufacturing firm has been concerned about the continual growth in manufacturing costs over the past several years. The following is a time series of the cost per unit (in...
-
The community nursing service team provides nursing care to patients in the community, Discuss?
-
Why are angiosperms so diverse (when compared with non-flowering lineages of plants)? How expensive flowers are to produce for the plant (they cost lots of ATP to make); what benefit do they provide...
-
Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Per Unit Direct labor...
Study smarter with the SolutionInn App