The Lifetime of a Stereo Component Is Exponentially Distributed with Mean

question 103

Multiple Choice

The lifetime of a stereo component is exponentially distributed with mean 1,000 days.What is the probability that the lifetime: Exceeds 1,000 days?

• A).6321
• B).5000
• C).3679
• D)1.000

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Definitions:

Corn Chips

Snack food made from cornmeal fried or baked in oil, often seasoned, known for their crunchiness and popular as a party snack.

French Fries

Sliced potatoes that are deep-fried until golden brown and are often served as a side dish.

Goods X

An unspecified product or commodity that is the subject of economic analysis or transaction.

Goods Y

A reference to a particular class or type of goods, often used in economic models.