The Lifetime of a Stereo Component Is Exponentially Distributed with Mean

question 53

Multiple Choice

The lifetime of a stereo component is exponentially distributed with mean 1,000 days.What is the probability that the lifetime: Is greater than or equal to 700 days?

• A).7603
• B).5034
• C).2397
• D).4966

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Definitions:

Gantt Chart

A visual scheduling tool that outlines project timelines, tasks, and milestones in a horizontal bar chart format.

PERT Network

A project management tool used to schedule, organize, and coordinate tasks within a project, emphasizing the analysis of task sequences and durations.

Measurable Objectives

Specific, quantifiable, achievable goals set to evaluate the success of a project, employee performance, or organizational outcomes.

Effective Project Managers

Individuals who successfully plan, execute, and close projects, meeting or exceeding stakeholders' expectations through skilled leadership and problem-solving.