great question, but no idea
maybe, poisson distribution?
Hey guys, great forum!
I've got a problem:
I own 3 tools, which have average time of life 4, 6 and 8 days (exponential distribution). How can I find the probability that these tools are working after 2 days?
great question, but no idea
maybe, poisson distribution?
use the distribution function and remember that the exponential distribution of these 3 tools is equivalent to an exponontial distribution with mean 18. .i.e 1/lambda = 18
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