In: Statistics and Probability
The number of months that a light bulb is functioning is exponentially distributed with parameter λ = 1/10 .
What is the probability that a light bulb will burn for at least 4 months?
Find the mean and the standard deviation.
What is the probability that a light bulb will burn for at least 12 months, given that it has burned for 4 months?
Let X denote the random variable representing the number of months that a light bulb is functioning. Now, we are given that X is exponentially distributed with parameter λ = 1/10.
=> X ~ Exponential(λ = 1/10)
Thus, the probability density function of X is given by:
Moreover, the cumulative distribution function of X is given by:
Part 1
The probability that a light bulb will burn for at least 4 months is given by:
Part 2
Before we find the mean and the variance of X, we note that if Y~Exp(r), then the mean and standard deviation of Y are given by:
E(Y) = S.D.(Y) = 1/r
Thus, the mean of X is given by:
Moreover, the standard deviation of X is given by:
Part 3
The probability that a light bulb will burn for at least 12 months, given that it has burned for 4 months is given by:
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