Revision as of 03:22, 9 June 2024 by Bot (Created page with "<div class="d-none"><math> \newcommand{\NA}{{\rm NA}} \newcommand{\mat}[1]{{\bf#1}} \newcommand{\exref}[1]{\ref{##1}} \newcommand{\secstoprocess}{\all} \newcommand{\NA}{{\rm NA}} \newcommand{\mathds}{\mathbb}</math></div> Suppose that the number of years a car will run is exponentially distributed with parameter <math>\mu = 1/4</math>. If Prosser buys a used car today, what is the probability that it will still run after 4 years?")
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Jun 09'24

Exercise

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Suppose that the number of years a car will run is exponentially

distributed with parameter [math]\mu = 1/4[/math]. If Prosser buys a used car today, what is the probability that it will still run after 4 years?