Determine the probability a piece of equipment fails


12 pieces of equipment have planned operating times of 2.5 hours each with the mean time before failure rate of 25 hours. With .74 reliability rate, determine the probability a piece of equipment fails during its 2.5 hour operating time? Is it related in how many hours operated since its last breakdown?

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Basic Statistics: Determine the probability a piece of equipment fails
Reference No:- TGS0862283

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