The time to failure of a personal computer display tube is e

The time to failure of a personal computer display tube is exponentially distributed with mean three years. a) A company offers insurance on these tubes for the first year of usage. On what percentage of policies will they have to pay a claim? b) If an user order three such display tubes (two tubes as spare), what is the probability that he need to order such tube within six years?

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The time to failure of a personal computer display tube is exponentially distributed with mean three years. a) A company offers insurance on these tubes for the

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