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Question 1! Raytheon, a manufacturer of defense electronics, wanted to assess reliability of a product (Item 326) by randomly selecting 10 of these products and running the reliability test over a 40-hour period. Two products failed with one product each failing after 3 and 15 hours of operations. The remaining 8 products performed satisfactorily until the end of the testing period. According to the test above, what percentage of the product (Item 326) is expected to fail over 40-hour period? Please calculate up to five decimal points. (Select the appropriate range in which your answer falls.] More than 0 but less than or equal to 16 More than 16 but less than or equal to 26 More than 26 but less than or equal to 36 More than 36 but less than or equal to 46 More than 46

Question 1! Raytheon, a manufacturer of defense electronics, wanted to assess reliability of a product (Item 326) by randomly selecting 10 of these products and running the reliability test over a 40-hour period. Two products failed with one product each failing after 3 and 15 hours of operations. The remaining 8 products performed satisfactorily until the end of the testing period. According to the test above, what percentage of the product (Item 326) is expected to fail over 40-hour period? Please calculate up to five decimal points. (Select the appropriate range in which your answer falls.] More than 0 but less than or equal to 16 More than 16 but less than or equal to 26 More than 26 but less than or equal to 36 More than 36 but less than or equal to 46 More than 46

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question 1! Raytheon, a manufacturer of defense electronics, wanted to assess reliability of a product (Item 326) by randomly selecting 10 of these products and running the reliability test over a 40-hour period. Two products failed with one product each failing after 3 and 15 hours of operations. The remaining 8 products performed satisfactorily until the end of the testing period. According to the test above, what percentage of the product (Item 326) is expected to fail over 40-hour period? Please calculate up to five decimal points. [Select the appropriate range in which your answer falls.] More than 0 but less than or equal to 16 More than 16 but less than or equal to 26 More than 26 but less than or equal to 36 More than 36 but less than or equal to 46 More than 46
Transcribed Image Text:Question 1! Raytheon, a manufacturer of defense electronics, wanted to assess reliability of a product (Item 326) by randomly selecting 10 of these products and running the reliability test over a 40-hour period. Two products failed with one product each failing after 3 and 15 hours of operations. The remaining 8 products performed satisfactorily until the end of the testing period. According to the test above, what percentage of the product (Item 326) is expected to fail over 40-hour period? Please calculate up to five decimal points. [Select the appropriate range in which your answer falls.] More than 0 but less than or equal to 16 More than 16 but less than or equal to 26 More than 26 but less than or equal to 36 More than 36 but less than or equal to 46 More than 46
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