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The Readylite Company produces a flashlight which is perfectly reliable except for two components: the battery,which has a random failure rate of one in every five hours of operation; and the light bulb,which has a random failure rate of three in every ten hours.Devices,Inc.supplies Readylite with the on-off switch for this flashlight.These switches,on average,fail in fifty hours with a standard deviation of four hours.What service life should Devices specify to have a .8944 probability that a switch will last at least that long before failing?
True Value
The actual, factual value or correctness of something, often used in the context of measurement, logic, or philosophy.
Unreliable
Lacking consistency or predictability; not able to be trusted to do or provide what is needed or expected.
Median
The median is the central number in a dataset that splits it into two halves of equal size.
Average
A numerical value expressing the central or typical value in a set of data, calculated as the sum of the values divided by the number of values.
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