SOA Exam P Sample Question 428
Study guide: Exam P-1
The working lifetime of a master computer chip that regulates the electronic components of an automobile engine is exponentially distributed with a mean of 7.2 years. Under a warranty, the chip manufacturer will replace any chip that fails within t years. It is expected that 5% of all chips will be replaced under this warranty.
Calculate t.
- A)
0.007 - B)
0.369 - C)
0.416 - D)
0.501 - E)
0.720
Answer this question and see the worked solution