The time to failure of a mechanical component under friction may be modeled by a Weibull distribution

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The time to failure of a mechanical component under friction may be modeled by a Weibull distribution with ã = 20 days, â = 0.2, and a = 35 days.
(a) What proportion of these components will fail within 30 days?
(b) What is the expected life of the component?
(c) What is the probability of a component lasting between 40 and 50 days?
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...
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