Math Problem Statement

The time in days between breakdowns of a machine is exponentially distributed with the parameter lambda = 0.2 What is the expected time and standard deviation of the time between machine breakdowns?

Solution

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Math Problem Analysis

Mathematical Concepts

Probability
Exponential Distribution
Expected Value
Standard Deviation

Formulas

E(X) = 1 / λ
σ = 1 / λ

Theorems

Properties of the Exponential Distribution

Suitable Grade Level

Grades 11-12