The annual usage time of the device whose failure time follows the exponential distribution is 1,000 hours. What is the average life expectancy required to be designed to adjust the annual failure rate of this device to within 5%?

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.CR: Chapter Review
Problem 12CC
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The annual usage time of the device whose failure time follows the exponential distribution is 1,000 hours. What is the average life expectancy required to be designed to adjust the annual failure rate of this device to within 5%?

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