6.43 Critical part failures in NASCAR vehicles. Refer to The Sport Journal (Winter 2007) analysis of critical part fail- ures at NASCAR races, Exercise 5.106 (p. 271). Recall that researchers found that the time x (in hours) until the first critical part failure is exponentially distributed with μ.10 and σ = .10. Now, consider a random sample of n = 50 NASCAR races and let x represent the sample mean time until the first critical part failure. a. Find E(x) and Var(x). b. Although x has an exponential distribution, the sam- pling distribution of x is approximately normal. Why? c. Find the probability that the sample mean time until the first critical part failure exceeds .13 hour.

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Make the explanation concise, if you can.  I don't want to have to write more than a couple pages

6.43 Critical part failures in NASCAR vehicles. Refer to The
Sport Journal (Winter 2007) analysis of critical part fail-
ures at NASCAR races, Exercise 5.106 (p. 271). Recall
that researchers found that the time x (in hours) until the
first critical part failure is exponentially distributed with
μ.10 and σ = .10. Now, consider a random sample of
n = 50 NASCAR races and let x represent the sample
mean time until the first critical part failure.
a. Find E(x) and Var(x).
b. Although x has an exponential distribution, the sam-
pling distribution of x is approximately normal. Why?
c. Find the probability that the sample mean time until the
first critical part failure exceeds .13 hour.
Transcribed Image Text:6.43 Critical part failures in NASCAR vehicles. Refer to The Sport Journal (Winter 2007) analysis of critical part fail- ures at NASCAR races, Exercise 5.106 (p. 271). Recall that researchers found that the time x (in hours) until the first critical part failure is exponentially distributed with μ.10 and σ = .10. Now, consider a random sample of n = 50 NASCAR races and let x represent the sample mean time until the first critical part failure. a. Find E(x) and Var(x). b. Although x has an exponential distribution, the sam- pling distribution of x is approximately normal. Why? c. Find the probability that the sample mean time until the first critical part failure exceeds .13 hour.
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