Description of probability- random selection

Reference no: EM13122148

Description of Probability : Random Selection
Suppose there are two vendors and each provides 50% of the items. The lifetime (in days) of an item from the first vendor is Exp(.1), and that from the second vendor is Exp(.08). Compute the probability that a randomly picked item will last more than 12 days.

Reference no: EM13122148

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