Solved: Suppose that the time to repair a machine is exponentially, Basic Statistics

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Suppose that the time to repair a machine is exponentially

Question: Suppose that the time to repair a machine is exponentially distributed random variable with mean 2.

(a) What is the probability the repair takes more than two hours.

(b) What is the probability that the repair takes more than five hours given that it takes more than three hours.

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Basic Statistics: Suppose that the time to repair a machine is exponentially

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Basic Statistics: Suppose that the time to repair a machine is exponentially

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