Math Problem Statement

The time till failure of a particular TV brand has an exponential distribution. Data shows that 28% of TV'S have failed by 1500 hours. What is probability that TV's will still be working after 7600 hours

Solution

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Math Problem Analysis

Mathematical Concepts

Exponential Distribution
Probability

Formulas

f(t) = λe^(-λt)
F(t) = 1 - e^(-λt)
λ = -ln(0.72)/1500
P(T > t) = e^(-λt)

Theorems

Exponential Distribution Properties

Suitable Grade Level

College-Level Statistics or Advanced High School (Grades 11-12)