Automobile warranty claims for engine mount failure in a troppo malo 2000 se are rare at a certain dealership, occurring at a mean rate of 0.1 claim per month. (a) what is the probability that the dealership will wait at least 6 months until the next claim
The probability that the dealership will wait at least 6 months until the next claim is solved by:We know that the mean number of occurrences per time unit is 0.1, then let’s denote this by λ So: f (x) = 1 – e ^ -λx for x > 0 P (x > 6) = e^ -x = e ^-0.1 * 6 = 0.5488