What Is the Probability of an Item Failing in Less

question 28

Multiple Choice

What is the probability of an item failing in less than 5 hours if it has a constant failure rate of 1/hour?

• A) 0.00674
• B) 0.99127
• C) 0.99326
• D) 0.99642

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Definitions:

Average Order Size

The mean quantity of goods ordered in a single transaction or over a set period of time.

Gasoline Purchases

The acquisition of fuel for vehicles, typically involving transactions at gas stations.

Absentee Landlord

A property owner who does not live on-site and rarely, if ever, visits the property, often relying on management companies for maintenance.

Cribriform Plate

A portion of the ethmoid bone with numerous small holes that provide passage for the olfactory nerve fibers from the nasal cavity to the brain.