1. One thousand new OCRS are put in service. They have a constant failure rate of 0.05 per year. (a) How many units of the original 1000 will still be in service after 5 years? (b) How many of the original will fail in Year 5?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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1. One thousand new OCRS are put in service.They have a constant failure rate of 0.05 per
year.
(a) How many units of the original 1000 will still be in service after 5 years?
(b) How many of the original will fail in Year 5?
Transcribed Image Text:1. One thousand new OCRS are put in service.They have a constant failure rate of 0.05 per year. (a) How many units of the original 1000 will still be in service after 5 years? (b) How many of the original will fail in Year 5?
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