Answer:
(a)
(i) The probability that a bulb fails within the first 500 hours is 0.3935.
(ii) The probability that a bulb burns for more than 700 hours is 0.4966.
(b) The median lifetime of the lightbulbs is 693.15 hours.
Explanation:
Let X = lifetime of a type of lightbulb.
The random variable X is Exponentially distributed with mean lifetime of, μ = 1000 hours.
The probability density function of X is:
The value of λ is:
(i)
Compute the probability that a bulb fails within the first 500 hours as follows:
Thus, the probability that a bulb fails within the first 500 hours is 0.3935.
(ii)
Compute the probability that a bulb burns for more than 700 hours as follows:
Thus, the probability that a bulb burns for more than 700 hours is 0.4966.
(b)
The median of an exponentially distributed random variable is:
Compute the median lifetime of the lightbulbs as follows:
Thus, the median lifetime of the lightbulbs is 693.15 hours.