Short Answer
A certain product is comprised of two components: X and Y.Component X has a random failure rate of one in every ten years,while component Y's random failure rate is one in every five years.This product has a mean time to wear-out of eight years with a standard deviation of one year.What is the service life for this product which will provide a .5 probability of not failing within that amount of time? A .6915 probability? A .8413 probability? A .9332 probability?
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8 years; 7...View Answer
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