Explanation of your modifications to the code

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Reference no: EM133618459

Question: Starting with the Python code for the time to failure ex- ample (TTF) posted on Quercus, make the necessary changes so that we can have any number of spare components, not just 1. The number of spares should be a variable that can be adjusted in the code. Assume that components can only be repaired one at a time. Run your simulation for 1000 replications and report a 95% confidence interval for the expected time to failure when there are 2 and 3 spare components available. Hint: You need to carefully modify the logic of the simulation for both event types. Make sure to provide a brief but clear explanation of your modifications to the code.

Reference no: EM133618459

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