(1) Find the value of c. (2) Find the cumulative distribution function of X. (3) Find the probability that the watch has an operational lifetime in excess of 4 years.
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- The time (in years) after reaching age 60 that it takes an individual to retire is approximately exponentially distributed with a mean of about 6 years. Suppose we randomly pick one retired individual. We are interested in the time after age 60 to retirement. Find the probability that the person retired after age 70. (Round your answer to four decimal places.) In a room of 1,000 people over age 82, how many do you expect will NOT have retired yet? (Round your answer to the nearest whole number.) ch5#4Can I get help with just parts C and D please.When a bus service reduces fares, a particular trip from New York City to Albany, New York, is very popular. A small bus can carry four passengers. The time between calls for tickets is exponentially distributed with a mean of 20 minutes. Assume that each caller orders one ticket. What is the probability that the bus is filled in less than 3 hours from the time of the fare reduction? Round your answer to 4 decimal places. i
- Christine has a deck of 10 cards numbered 1 through 10. She is playing a game of chance. This game is this: Christine chooses one card from the deck at random. She wins an amount of money equal to the value of the card if an even numbered card is drawn. She loses $7 if an odd numbered card is drawn. (a) Find the expected value of playing the game. | dollars (b) What can Christine expect in the long run, after playing the game many times? (She replaces the card in the deck each time.) O Christine can expect to gain money. She can expect to win dollars per draw. O Christine can expect to lose money. She can expect to lose dollars per draw. O Christine can expect to break even (neither gain nor lose money).A , B and CThe time intervals between successive barges passing a certain point on a busy waterway have an exponential distribution with mean 12 minutes. (a) Find the probability that the time interval between two successive barges is more than 8 minutes. (b) Find a time intervalt such that we can be 90% sure that the time interval between two successive barges will be greater than t. Loount ▼
- Show work for every step. Two types of customers (Preferred and Regular) call a service center. Preferred customers call with rate 3 per hour, and Regular customers call with rate 5 per hour. The interarrival times of the calls for each customer type are exponentially distributed. If the call center opens at 8:00 AM, what is the probability that the first call (regardless of customers type who calls) is received before 8:15 AM?If X is exponentially distributed, prove that the probability that X exceed its expected value is less than 0.5Students arrive one at a time, completely at random, to an advice clinic at a rate of10 per hour. Students take on average 5 minutes of advice but there is wide variation inthe time they need; this variation may be well modeled by the exponential distribution.b. Again assuming one advisor, what is the probability that there are more than tenstudents in the clinic at a random point in time? What is the probability that the timespent in the clinic exceeds 30 minutes?.
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