Examlex
A light bulb manufacturer claims his light bulbs will last 500 hours on the average.The lifetime of a light bulb is assumed to follow an exponential distribution.
a.What is the probability that the light bulb will have to replaced within 500 hours?
b.What is the probability that the light bulb will last more than 1000 hours?
c.What is the probability that the light bulb will last between 200 and 800 hours?
Cooperative
A cooperative is an organization owned and operated by its members for their mutual benefit, often focusing on economic, social, and cultural needs and aspirations.
Healthy
A state of complete physical, mental, and social well-being and not merely the absence of disease or infirmity.
Manipulative
Behaving in a skillful manner to influence or control others to one's advantage, often with deceitful or dishonest intentions.
Participation
The act of taking part or being involved in an activity or event, often implying a degree of involvement that influences the outcome.
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