Suppose you tested svereral firestone tires also recorded

Assignment Help Macroeconomics
Reference no: EM1326338

Reliability using normal distribution

Assume you tested svereral Firestone tires and recorded their failure times (as defined by an engineer).After doing a Chi-Square test ,you decided taht failures are normally distributed ,with mean failure of 50,000 miles and a standard deviation of 10,000 miles .Determine the following:

a) reliability of the tires at 40,000 miles

b) given that a tire has been driven (on a test machine) 20,000 miles, determine its reliability at 60,000 miles.

Reference no: EM1326338

Questions Cloud

Explain how vb .net uses a database : express how VB .NET uses a database. Briefly summarize the components of a database and the characteristics of a DBMS. Include a discussion of ADO .NET and its capabilities.
Information systems in healthcare : Information Systems in Healthcare - As a group you are to discuss the role of information systems in achieving excellence in healthcare service.
Leadership practices in eu countries differ from mexico : Finally, provide specific examples of how leadership practices in EU countries differ from that of Mexico.
Explaining the real estate law : The basics of real estate law...fundamental difference between the attorney-client privilege and the concept of confidentiality. What is the difference between the two in the real estate law context?
Suppose you tested svereral firestone tires also recorded : Suppose you tested svereral Firestone tires also recorded their failure times. Decided taht failures are normally distributed.
Topics in multicultural studies : Need to know where the information came from in order to site you correctly or research more to elaborate on a topic chosen.
Explain e-commerce concerns : Explain E-Commerce Concerns and Discuss the main challenges that e-commerce organizations face in the customer services and customer satisfaction arena
Identify the cost drivers that affect the development time : Estimate the cost in labor months of developing a complete software system that will be used by mechanical engineers to model thermal effects on engine parts. The program replaces an older version.
System of inquiry-power point presentation : Develop a system of inquiry to be employed in evaluating decision-making, problem solving, and behavior in a business setting.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Explain how does eachaffect the aggregate demand curve

Explain how does each of the following affect the aggregate demand curve?

  Explain how do the fiscal policy changes play a role

Explain how do the fiscal policy changes play a role in the theory of political business cycles

  Market clearing price and quantity

Obtain the market clearing price and quantity. Under the assumption of profit and maximization , how much output should the representative firm produce?

  Computation of deadweight loss in health insurance

Let's say there's a world-wide influenza pandemic. Assume that the marginal cost (supply) of influenza vaccinations is constant at $40. Assume that everyone in society has health insurance that pays 80% of all medical services

  Relationship between the outputs and the unemployment rate

When and why were the inflation and unemployment rates negatively correlated? When and why were the inflation and unemployment rates positively correlated?

  Correlation between savings and capital formation

Write down the relationship between savings, capital formation, and consumption.

  Impact of declining the energy prices on equlibrium prices

Use the aggregate demand-aggregate supply model to illustrate graphically the short-run and long-run impact of this decline on output and prices.

  Relationship between average costi and prices

Briefly explain in words the sequence of changes that occur as the two economies move from no trade to free trade.

  Indifference curve with explanation

Last year, Pat and Chris occupied separate apartments. Each consumed 400 gallons of hot water monthly.

  Change in price and total expenditure

Discuss how a change in price affects total expenditure by filling in each cell with resulting change in total expenditure.

  Fiscal policy measures for economy operating

What are two possible fiscal policy solutions for the problem? Using a Keynesian approach, you should be able to get numerical solutions. More points are given for numerical solutions.

  Finding opportunity cost and comparative advantage

According to law of comparative advantage , who should produce wheat and who must produce Cd palyer? Evaluate all relevant opportunity cost.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd