The time to failure, t, in hours, of a machine is often exponentially distributed with a probability density function f(t)=ke-kt, 0≤t<∞o, where k=- and a is a the average amount of time that will pass before a failure occurs. Suppose that the average amount of time that will pass before a failure occurs is 80 hr. What is the probability that a failure will occur in 52 hr or less? The probability is (Round to four decimal places as needed.)
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- сх 4. Elongation (in percent) of treated metal plates are random with probability density function: f (x) = ,5 < x < 25 600 Find the value of c which makes f(x) a properly defined pdf. Find the variance of elongation. а. b. Find the probability that the elongation is between 10% and 15% or between 12% and 20%. That is if E is the random variable representing elongation, find P(10 < E < 15 or 12 < E < 20). с.(e) Let Xbe an exponential random variable with the following probability density function: x20 f(x;2) ={ otherwise where the parameter, 1> 0. Compute the expected value E(X") for n=1,2,...If X has probability density function f(x) = X/32 on [0, 8], find the expected value and the standard deviation of X. Give your answer either as a irreducible fraction or a decimal number accurate to 2 decimal places. E(X) = std(X) =
- a. b. Let X have a gamma distribution with a=2 and 3-2. What is P(X>2)? Let X have a log-normal distribution with u-3.5 and o=1.2. Find P(50(b) The probability density of a function is given by p(x) from x = 1 to x = 4. That is 62 x3 dx = 1 62 P(x) dx = - 00 Determine the value of the standard deviation.Consider the following exponential probability density function. 1 -x/4 f(x) = -e (a) Write the formula for P(x ≤ xo). for x ≥ 0 (b) Find P(x ≤ 2). (Round your answer to four decimal places.) (c) Find P(x ≥ 4). (Round your answer to four decimal places.) 0.3679 (d) Find P(x ≤ 5). (Round your answer to four decimal places.) (e) Find P(2 ≤ x ≤ 5). (Round your answer to four decimal places.)The Gamma distribution is often used to describe the wait time until a certain number of events occurs. Assume x1, . . . , xn ∼iid Gamma(α, β), where α is shape and β is rate. Calculate the maximum likelihood estimator of β either by hand or via R, but not both. The probability density function (PDF) for the Gamma distribution is: Calculate the log-likelihood function of the function below. I t doesnt have to be on r studi you can do by your handSuppose that the interval between eruptions of a particular geyser can be modelled by an exponential distribution with an unknown parameter 0 > 0. The probability density function of this distribution is given by f(x; 0) = 0e 0¹, x > 0. The four most recent intervals between eruptions (in minutes) are x₁ = 32, x₂ = 10, x3 = 28, x4 = 60; their values are to be treated as a random sample from the exponential distribution. (a) Show that the likelihood of based on these data is given by L(0) 04-1306 = (b) Show that L'(0) is of the form L'(0) = 0³ e 1300 (4- 1300). (c) Show that the maximum likelihood estimate of 0 based on the data is ~ 0.0308 making your argument clear. (d) Explain in detail how the maximum likelihood estimate of that you have just obtained in part (c) relates to the maximum likelihood estimator of for an exponential distribution.Let i, denote the effective annual return achieved on an equity fund achieved between time (t-1) and time t. Annual log-returns on the fund, denoted by In(1+i), are assumed to form a series of independent and identically distributed Normal random variables with parameters u = 6% and σ = 14%. An investor has a liability of £10,000 payable at time 15. Calculate the amount of money that should be invested now so that the probability that the investor will be unable to meet the liability as it falls due is only 5%.A technician discovered that the cumulative distribution function (CDF) of the lifespan of bulb in years is given by f(y) = -10 ye 10 100 0[2] X is an exponential random variable with variance 9. If (X, Y = (2, otherwise, 1The time a randomly selected student spends completing a one-hour test is a random variable with probability density. - {3* 0 < x <1 f(x) = { 2 + x ellers. Find the probability that the student will finish in less than half an hour.SEE MORE QUESTIONSRecommended textbooks for youMATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th…StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C…StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage LearningElementary Statistics: Picturing the World (7th E…StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. FreemanMATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th…StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C…StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage LearningElementary Statistics: Picturing the World (7th E…StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman