The amount of time that a watch will run without having to be reset is a random variable having an exponential distribution with mean 120 days. If five watches are selected at random, find the probability that at least two watches have not been reset at the end of 365 days.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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(b)
The amount of time that a watch will run without having to be reset is a random
variable having an exponential distribution with mean 120 days. If five watches are
selected at random, find the probability that at least two watches have not been reset
at the end of 365 days.
Transcribed Image Text:(b) The amount of time that a watch will run without having to be reset is a random variable having an exponential distribution with mean 120 days. If five watches are selected at random, find the probability that at least two watches have not been reset at the end of 365 days.
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