The lifetime of a bearing (in years) follows the Weibull distribution with parameters 1 5 and 0 8 a What is the probability that a bearing lasts more than 1 year b What is the probability that a bearing lasts less than 2 years ...

The lifetime of a bearing (in years) follows the Weibull distribution with parameters = 1.5 and

Question:

The lifetime of a bearing (in years) follows the Weibull with parameters α = 1.5 and β = 0.8.
a. What is the probability that a bearing lasts more than 1 year?
b. What is the probability that a bearing lasts less than 2 years?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...