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. What is the likelihood that the basic model k-cup coffee maker manufactured and sold by Empire Electronics would last at least three and one-half years?

. What is the likelihood that the basic model k-cup coffee maker manufactured and sold by Empire Electronics would last at least three and one-half years?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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QUESTION 6 Empire Electronics manufactures its own k-cup coffee makers. The lifespan of its base model is exponentially distributed with a mean of 4 years. This retail chain has promoted a five-year warranty on this household appliance. Assume the time between manufacture and sale is negligible. What is the likelihood that the basic model k-cup coffee maker manufactured and sold by Empire Electronics would last at least three and one-half years? Express your answer rounded to the nearest whole percentage with percent symbol.

 

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