Determine the reliability of the tires at 40000 miles

Assignment Help Econometrics
Reference no: EM13224717

Assume you tested several automobile tires and recorded a Chi-sq. test, you decide that miles until failure are normally distributed, with mean failure of 50,000 miles and the standard deviation of failures was 10,000 miles.

a) Determine the reliability of the tires at 40,000 miles.
b) If you know one of these tires has been driven 20,000 miles (on a testing machine), what is its reliability at 60,000 miles?

Reference no: EM13224717

Questions Cloud

Determine what is the industry level of output : The market demand curve for an industry with two identical firms is P =102-2Q, where Q = Q1+ Q2.The constant per unit marginal cost is 2 for each firm. i) If the firms form a cartel to maximize industry profit What is the industry level of output
Explain the hydrogen atom paschen series : calculate the wavelength of the fifth line in the hydrogen atom paschen series. calculate the energy released in the transition
How much will sam make this year : Sam Lawson is a vice president at a large communications firm. His compensation includes a salalry of $400,000, a bomus of $200,000 and a stock option package that allows him to purchase 30,000 shares of the company's stock at $45 per share.
Explain what is the vapor pressure : What is the vapor pressure, at 28 degrees C, of a solution made by mixing 80.0 g of C3H7SH and 120.0 g of CH3CN, if Raoult's Law is obeyed
Determine the reliability of the tires at 40000 miles : Assume you tested several automobile tires and recorded a Chi-sq. test, you decide that miles until failure are normally distributed, with mean failure of 50,000 miles and the standard deviation of failures was 10,000 miles.
What can be done to meet the customers required reliability : Assume you are building a system (Aircraft, etc.) for a customer but using the best technology available. You cannot produce the reliability required. The customer requires reliability of .99 after the system (aircraft, etc.) has operated for 1000..
Compute the molality of the glycerol solution : An aqueous solution of glycerol C3H8O3 is 48% glycerol by mass. Calculate the molality of the glycerol solution
Discuss necessary conditions to make price discrimination : Discuss the necessary conditions to make price discrimination work and the best practices to use price discrimination to maximize profits while avoiding price wars. In your discussion make evident the challenges of the strategy
Define the balanced equation for the reaction : sodium borohydride reduction experiment write the balanced equation for the reaction and calculae the percent yield

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd