Question

In: Math

Suppose the amount of time to finish assembling a component is exponentially distributed with an average...

Suppose the amount of time to finish assembling a component is exponentially distributed with an average of 2 minutes.

(a) What is the probability that it takes more than 5 minutes to assemble a component? (b) If 100 components are randomly selected, what is the probability that the average amount of time to assemble these100 components is more than 2.3 minutes?

Solutions

Expert Solution

Average time to finish assembling a component, = 2 min

Thus, mean number of components assembled in a minute, = 0.5

Standard deviation of time required to assemble a component

= = 2 min

(a) Let x denote the time required (in minutes) to assemble a component

P(x > 5) = 1 - P(x ≤ 5)

= 1 - F(5) =

= = 0.082

(b) From Central limit theorem, the sampling distribution of the average amount of time to assemble 100 components can be approximated to Normal distribution

where sample mean = = 2 min

and standard deviation = = = 0.2

Let denote the average amount of time to assemble 100 components

To find P( > 2.3)

The Corresponding z score = (2.3 - 2)/0.2 = 1.5

Thus, required probability = P(Z > 1.5) = 0.0668


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