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A product has a constant failure rate of 2.2% per year. What is the probability of failure before 6 year?

User Rosalie
by
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1 Answer

2 votes
F(6)=1−e
−0.022×6


Using a calculator, we get:
F
(
6
)

0.121
F(6)≈0.121

Therefore, the probability of failure before 6 years is about 12.1%
User Bebo
by
7.9k points