The lifetime of a computer component purchased at World Wide Computers is exponentially distributed with a mean
Question:
a. What is the probability that the component fails in the first year?
b. What is the probability that the component fails in the second or third year (between the 1-year mark and the 3-year mark)?
c. What is the probability that the component fails after the third year?
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Related Book For 
Introduction to Probability
ISBN: 978-0716771098
1st edition
Authors: Mark Daniel Ward, Ellen Gundlach
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