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

  Calculate its excess reserves of banks

Suppose that the reserve requirement is 3% on the first 30 million of checkable deposits and 10% on the checkable deposits in excess of 30 million. (Amounts on the balance sheet are in millions of $) Assets- Reserves 15.9, Loans 150.0, Securities 3..

  Define money as equal to the total amount of debt in economy

suppose that a researcher discovers that a measure of the total amount of debt in the U.S economy over the past 20 years was a better predictor of inflation and the business cycle than M1 or M2. does this discovery mean that we should define money..

  Find the government spending multiplier

On the planet Omicron Persei 8, government spending is $1000, net taxes are $1200, and planned investment is $1400. Consumers spend according to the equation C = 100 + 0.8Yd, where Yd represents disposable income.

  What would be the prsent worth today of the aquisition

In an effort to Compensate for shrinking land-line customers, SBC and Bell South(owners of Cingular Wireless LLC) got into a bidding war with Vodaphone to acquire AT&T Wireless. The inital $11 per share offer escalted to $13 for the 2.73 billion s..

  Would you accept the investment at marr

The InterCell Company wants to participate in the upcoming World Fair. To participate, the firm needs to spend $1 million in year zero to develop a showcase. The showcase will produce a cash flow of $2.5 million at the end of year one.

  What happens to the economic profits earned by widget corp

The widget Industry in Anytown is a monopoly, controlled by Widget Corp. Its demand curve for the local market is given by P = 800 - 20 W Where W represents the number of widgets sold per period. The total cost function (including opportunity or impl..

  Calculate the tfr and nrr

In Avataria one-forth of all females born die in infancy, and the rest of them live until age 60. Women bear 1 child at age 18, 1 child at age 24, 1 child at age 26, and 1 child at age 30. One-half of children are boys.

  How would you characterize the demand for haddock

The demand for haddock has been estimated as log Q=a+b log P +c log I + d log Pm where Q= quantity of haddock sold in New England P= price per pound of haddock I= a measure of personal income in the New England region Pm= an index of the price of ..

  How much would be in the account at the end of 15 years

A company deposits 2000 in the bank at the end of every year for 10 years. The company makes no deposits during the subsequent 5 years. If the bank pays 8% intereest, how much would be in the account at the end of 15 years

  What state of business cycles

How do you relate the most recent unemployment rate (Look for Jan, 2012 data on unemployment rate) to your conclusion of this question indicating if the US economy is in a state of full employment. Feb 2012 unemployment data will be announced on M..

  Calculate the unemployment rate

The following table gives the joint probability distribution between employment status and college graduation among those either employed or looking for work (unemployed) in the working age U.S. population for 2008.

  What is the break-even level of earnings under the program

What is the breakeven level of hour of work under the program I have gotten help on the first part of the question and found that the break even level of earnings was $140 and he would work for 20 hours/week.The other part

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