Consider a system with one component that is subject to failure, and suppose that we have 120 copies of the component. Suppose further that the lifespan of each copy is an independent exponential random variable with mean

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Consider a system with one component that is subject to failure, and suppose that we have 120 copies of the component. Suppose further that the lifespan of each copy is an independent exponential random variable with mean 30 days, and that we replace the component with a new copy immediately when it fails.

(a) Approximate the probability that the system is still working after 4500 days.
Probability ≈ 

(b) Now, suppose that the time to replace the component is a random variable that is uniformly distributed over (0,0.5). Approximate the probability that the system is still working after 5400 days.
Probability ≈ 

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