This topic contains a solution. Click here to go to the answer

Author Question: In 1997, private planes had 1.5 fatal crashes per 100 thousand flying hours. Assume a continuous ... (Read 76 times)

abern

  • Hero Member
  • *****
  • Posts: 533
In 1997, private planes had 1.5 fatal crashes per 100 thousand flying hours. Assume a continuous random variable with a exponential distribution. A national association of private plane owners has 560 members who fly 1.5 million miles each year. The mileage crash rate has been estimated to be 20 per 100 million miles of air travel. What is the probability that the next crash by a member of the association will not occur until more than one year from now?

Question 2

True or False If a sample has 16 observations from a normal population and a 90 confidence estimate for  is needed, the appropriate t-score is 2.12.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

31809pancho

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

0.2592

Answer to Question 2

F





 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For a complete list of videos, visit our video library