It Is Assumed That the Time Failures for an Electronic

question 31

Multiple Choice

It is assumed that the time failures for an electronic component are exponentially distributed with a mean of 50 hours between consecutive failures. What is the probability that a component will be functioning after 60 hours?

• A) Approximately 0.30
• B) About 0.70
• C) About 0.21
• D) About 0.49

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Definitions:

Social Overhead Capital

Infrastructure and public goods provided by the government or public sector, essential for economic activities and societal well-being, such as roads, schools, and hospitals.

Developing Country

A nation with a lower level of industrialization, lower living standards, and lower Human Development Index scores compared to developed countries.

Private Sector

The part of the economy that is run by individuals and companies for profit and is not under direct state control.

Public Sector

The part of the economy composed of government services and enterprises, including infrastructure, education, and healthcare services.