Assignment:
A hydraulic press breaks down at the rate of 0.1742 time per day.
a. What is the MTBF?
b. On a given day, what is the probability that it will break down?
c. If four days have passed without a breakdown, what is the probability that it will break down on the fifth day?
d. What is the probability that five consecutive days will pass without any breakdown?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.