Find the probability that an individual component

Assignment Help Finance Basics
Reference no: EM132802042

Part a) Components have lifetimes which follow an exponential distribution with mean 700 hours.

i) Find the probability that an individual component has a lifetime exceeding 850 hours.

ii) In an experiment the lifetimes of 100 components are recorded, use the central limit theorem and the properties of the exponential distribution to find the probability that the mean lifetime for these 100 components exceeds 850 hours.

Part b) Components have lifetimes which are thought to follow approximately an exponential distribution with unknown mean.

Reference no: EM132802042

Questions Cloud

What is linear programming : What is Linear programming, and also discuss relationship between linear programming and supply chain management and logistics.
Calculate coefficient of variation for the two securities : You are planning to invest $200,000. Calculate the coefficient of variation for the two securities and determine which of the two is more risky
Explain the relationship of mrp with forecasting : Explain the relationship of MRP with forecasting with examples how and why?
How miss milly is not one of the other moral theories : Is Miss Milly's work ethic based on utilitarianism, duty, virtue, power or Aristotle's mean? Choose only one of these and provide support for your answer.
Find the probability that an individual component : Part a) Components have lifetimes which follow an exponential distribution with mean 700 hours.
Discuss the disadvantages of work sampling : Discuss the disadvantages of work sampling. Would you want data gathered in the work sampling process to be used by your supervisor for your salary
Describe the manager actions : Describe a situation when you observed a manager play any one (1) of the following four roles described in the Instructor Notes: entrepreneur, communicator
Calculate Aida required rate of return from the share : Aida estimates three possible return outcomes for shares that she is considering to purchase. Calculate Aida required rate of return from the share
Research minimum exemplars of air-craft logistics failure : Research minimum two exemplars of air-craft logistics Failure. Brief the case, elaborate the effects/advantages and suggest improvement techniques further.

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the standard deviation

Assume that the securities are not divisible and each portfolio comprises two different securities. i. Calculate the standard deviation and coefficient of variation of each possible portfolio. ii. Advice the company on which portfolio to invest its..

  Profile of a major economist of choice

Write a brief profile of a major economist of your choice. Do the ideas of the individual selected have implications from a policy stand point? If so, what?

  Construct a decision matrix of the most relevant criteria

Construct a decision matrix of the most relevant criteria. Make some assumptions and fill in the matrix. Would your decision change? Why?

  The statement of cash flows collects the various accounts

the basic financial statements include the balance sheet the income statement and the statement of cash flows all of

  Build a balanced scorecard for the unit of the organization

1. build a balanced scorecard for the unit of the organization for which you work or have worked. unless you are in

  Advantages and disadvantages of the human resources

What would be advantages and disadvantages of the Human Resources department if they had individual strategies or if there should be one overarching strategy

  Calculate the unit price that leaving investors

An open-ended managed fund has a portfolio valued at $4,000,000 on Tuesday 27th October 4pm. The fund has 8,000 units on issue on Tuesday 27th October.

  What is the current value of this swap to your company

On the other hand, the 3 month LIBOR rate 2 months ago (when the last cash exchange occurred) was 4.00% per annum with quarterly compounding.

  What are the value of the synergies

From the case Dow's Bid for Rohm and Hass. Please include the valuation calculations in your responses.

  Use the security market line to determine the required rate

Use the security market line to determine the required rate of return for the following firm's stock. The firm has a beta of 0.80, the required return in the market place is 12.50%, and the risk-free rate of return is 3.50%.

  Phil can afford 200 a month for 5 years for a car loan if

phil can afford 200 a month for 5 years for a car loan. if the annual interest rate is 7.5 percent how much can he

  Should the firm assign to this equipment as an initial cost

When evaluating the expansion option, what value, if any, should the firm assign to this equipment as an initial cost of the project?

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