Define distribution of the total lifetime of n batteries

Assignment Help Basic Statistics

Reference no: EM131810169

Question: Suppose that in a particular application requiring a single battery, the mean lifetime of the battery is 4 weeks, with a standard deviation of 1 week. The battery is replaced by a new one when it dies, and so on. Assume lifetimes of batteries are independent. what approximately, is the probability that more than 26 replacements will have to be made in a two-year period, starting at the time of installation of a new battery. And not counting that new battery as a replacement? [Hint: Use the normal approximation to the distribution of the total lifetime of n batteries for a suitable n.]

Reference no: EM131810169

Questions Cloud

Graph the irr for financing percentages : The simulator in Problem 13.16 will save $600,000 per year in experimental costs.

Discuss how would transaction be recorded by silica labs : In return, she has received $500,000 in cash and, based on its value on the sale date, $200,000 in common stock in Silica Labs

Determine the irr for the project : Using MACRS, determine the IRR for the project if the company is taxed at the 25% marginal rate. Do not use Section 179. (Answer: 2.75%)

Define distribution of the total lifetime of n batteries : Suppose that in a particular application requiring a single battery, the mean lifetime of the battery is 4 weeks, with a standard deviation of 1 week.

Complete the consolidated financial statements for the year : Complete the following worksheet for consolidated financial statements for the year ended December 31, 20X2

Determine the irr for the project : Using MACRS, determine the IRR for the project if the company is taxed at the 25% marginal rate. Do not use Section 179.

Prepare a statement of cash flows for odgers inc : Condensed financial data of Odgers Inc. follow. A cash dividend of $48,937 was declared and paid. Prepare a statement of cash flows using the indirect method.

Determining the straight-line depreciation : Using a tax rate of 34% and straight-line depreciation over the 10-year life, determine the IRR. The exchanger will have a salvage value of $500 at the end.

User Account

All Pages