machine consists of two components: A and B. The machine needs both components to operate. As soon as one component breaks the machine fails.   The time until component A breaks is an exponential with rate λA  = 0.4 per year. The time until component B breaks is an exponential with rate λB  = 0.4 per year.  The two components are independent. Compute the probability the machine remains functional for at least another 3 years.

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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A machine consists of two components: A and B. The machine needs both components to operate. As soon as one component breaks the machine fails.   The time until component A breaks is an exponential with rate λA  = 0.4 per year. The time until component B breaks is an exponential with rate λB  = 0.4 per year.  The two components are independent. Compute the probability the machine remains functional for at least another 3 years.

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