The lifetime of a certain type of TV remote control is given by Y . Suppose Y has approximately exponential distribution with mean 8 years. c) What should the warranty period for these remote controls be if the manufacturer wants 85% of the remote controls to last beyond the warranty period? d) What is the moment generating function of Y.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.7: Exponential And Logarithmic Models
Problem 16TI: Recent data suggests that, as of 2013, the rate of growth predicted by Moore’s Law no longer holds....
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The lifetime of a certain type of TV remote control is given by Y . Suppose Y has approximately exponential distribution with mean 8 years. c) What should the warranty period for these remote controls be if the manufacturer wants 85% of the remote controls to last beyond the warranty period? d) What is the moment generating function of Y.
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