Math Problem Statement

The time till failure of a particular TV brand has an exponential distribution. Data shows that 12% of TV's have failed by 1,600 hours. What is the probability that TV's will still be working after 7,100 hours

Solution

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Math Problem Analysis

Mathematical Concepts

Probability Theory
Exponential Distribution
Survival Analysis

Formulas

f(t) = λ e^{-λt}
F(t) = 1 - e^{-λt}
P(T > t) = e^{-λt}
λ = -ln(0.88) / 1600

Theorems

Exponential Distribution Theorem

Suitable Grade Level

University Level (Undergraduate Probability and Statistics)