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    Quantitative Analysis for Management
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    Exam 2: Probability Concepts and Applications
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    Machine Breakdowns Occur at a Rate of 0
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Machine Breakdowns Occur at a Rate of 0

Question 125

Question 125

Short Answer

Machine breakdowns occur at a rate of 0.4 per week.The time between breakdowns follows an exponential distribution.What is the probability that more than 2 weeks go by without a breakdown?

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