In: Statistics and Probability
The random variable x describes the failure time (in years) of a certain hydraulic component. The function of the variable is:
f(x) = 32 / (x + 4)^3 x > 0
1) Determine if it is a function of density
2) Determine the cumulative probability function
3) Calculate the probability that the component's lifetime is between 2 and 6 years.
4) Calculate V (x) and E (x) for the life span of this type of component.
5) If you were to give a guarantee so that only 5% fail before the guarantee time. How long is the warranty time you can offer?
We would be looking at the first 4 questions here:
Q1) The sum of probabilities across the X range here is computed as:
As the sum of all probabilities here is 1.
Also, we know that:
43 = 64
Therefore, (x + 4)3 > 64 for x > 0
Therefore, (x + 4)3 > 32 for x > 0
Therefore, 32 / (x + 4)3 < 1, which is the second property required to be a valid PDF. Therefore the given function is a density function here.
b) The cumulative function here is computed as:
This is the required cumulative probability function here as:
c) The required probability here is computed as:
P( 2 < X < 6)
Therefore 0.2844 is the required probability here.
d) The expected value is first computed here as:
We already know the second integral value as 1. Therefore, we have here:
Therefore E(X) = 4 here is the expected value of X.
Now to compute variance we first compute the second moment of X as:
Note that the first part of the integral here does not converge and therefore is not defined. therefore V(X) for thie PDF is not defined.