Instruction 6-5 Suppose the Time Interval Between Two Consecutive Defective Light Bulbs

question 21

Short Answer

Instruction 6-5
Suppose the time interval between two consecutive defective light bulbs from a production line has a uniform distribution over an interval from 0 to 90 minutes.
-Referring to Instruction 6-5,what is the probability that the time interval between two consecutive defective light bulbs will be less than 10 minutes?

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Definitions:

Drawing Account

An account used to record withdrawals of cash or other assets from a business by the owner for personal use.

Final Entries

Journal entries made at the end of an accounting period to prepare accounts for the next period or close the books.

Journalizing

The process of recording a transaction in the journal.

Adjustments and Closing Entries

The journal entries made at the end of an accounting period to allocate income and expenditures to the appropriate periods.