Answer:
0.0498
Explanation:
In this question,
x~exponential
we have
mean = 1/λ = 8
from here we cross multiply, when we do
such that
λ = 1/8
probability of x functioning in 8 months
= e^-λx
= e^-1/8x12
= e^-1.5
= 0.2231
i got this value through the use of a scientific calculator
then the probability that these two are greater than 12
= 0.2231²
= 0.04977
= approximately 0.0498
therefore the probability that both components are functioning in 12 months is 0.0498