In a Manufacturing Process Involving Several Machines, the Average Down

question 343

Multiple Choice

In a manufacturing process involving several machines, the average down time t (in hours) for a machine that needs repair has the probability density function . Find the probability that a failed machine's down time is 4 hours or more. Round your answer to three decimal places. ​

• A) 0.865
• B) 0.998
• C) 0.145
• D) 0.135
• E) 0.002

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Definitions:

Paid-in Capital

The total amount of money and other assets that shareholders have given a company in exchange for shares of stock.

Stockholders' Equity Section

The portion of the balance sheet that represents the ownership interest of shareholders in a company.

Date of Record

The specific date on which a company determines the eligible shareholders for receiving dividends or other corporate distributions.

Stock Dividend

A dividend payment made in the form of additional shares rather than cash, increasing the total number of shares owned by shareholders.