Find the probability that a light bulb lasts less than one year. Find the probability that a light bulb lasts between six and ten years. Seventy percent of all light bulbs last at least how long?

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Suppose that the longevity of a light bulb is exponential with a mean lifetime of eight
years.
a) Find the probability that a light bulb lasts less than one year.
b) Find the probability that a light bulb lasts between six and ten years.
c) Seventy percent of all light bulbs last at least how long?
d) A company decides to offer a warranty to give refunds to light bulbs whose lifetime is
among the lowest two percent of all bulbs. To the nearest month, what should be the
cutoff lifetime for the warranty to take place?
e) If a light bulb has lasted seven years, what is the probability that it fails within the
gth year.
Transcribed Image Text:Suppose that the longevity of a light bulb is exponential with a mean lifetime of eight years. a) Find the probability that a light bulb lasts less than one year. b) Find the probability that a light bulb lasts between six and ten years. c) Seventy percent of all light bulbs last at least how long? d) A company decides to offer a warranty to give refunds to light bulbs whose lifetime is among the lowest two percent of all bulbs. To the nearest month, what should be the cutoff lifetime for the warranty to take place? e) If a light bulb has lasted seven years, what is the probability that it fails within the gth year.
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