Suppose a lifetime of randomly chosen A/C unit of certain brand is modeled by Exponential random variable. We are wonder

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Suppose a lifetime of randomly chosen A/C unit of certain brand is modeled by Exponential random variable. We are wonder

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Suppose A Lifetime Of Randomly Chosen A C Unit Of Certain Brand Is Modeled By Exponential Random Variable We Are Wonder 1
Suppose A Lifetime Of Randomly Chosen A C Unit Of Certain Brand Is Modeled By Exponential Random Variable We Are Wonder 1 (79.29 KiB) Viewed 87 times
Suppose a lifetime of randomly chosen A/C unit of certain brand is modeled by Exponential random variable. We are wondering if this is an evidence that true mean lifetime of this A/C unit is below 4 years. We are planning to perform the hypothesis test with n=10 and significance level of 5%. Before we go out and collect data, we want to see if this set up will reject the null hypothesis with enough probability when mu, the true average lifetime of A/C units, is actually 3.5. Assume true SD is . 8. (Use %, and round to nearest whole number. e.g. 35%) Your Answer: Answer units
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