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    Statistics - Probability

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    It is assumed that the time failures for an electronic component are exponentially distributed with a mean of 50 hours between consecutive failures. Based on this information, what is the probability that a randomly selected part will fail in less than 10 hours?

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    https://brainmass.com/statistics/probability/statistics-probability-random-selection-235471

    Solution Summary

    The expert determines the probability of random selection. A complete, neat and step-by-step solution is provided.

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