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17 Nov 2021
Given information
Use the following information to answer the next three exercises. The average lifetime of a certain new cell phone is three years. The manufacturer will replace any cell phone failing within two years of the date of purchase. The lifetime of these cell phones is known to follow an exponential distribution.
During the years , a total of earthquakes of magnitude greater than have occurred in Papua New Guinea. Assume that the time spent waiting between earthquakes is exponential.
Step-by-step explanation
Step 1.
It is known that will have months in it. So the probability of having an earthquake in months will be , therefore
Therefore, the required value is
.
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