The failure time of a component is believed to be an Exponential random variable. A component life test is performed, wi

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answerhappygod
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The failure time of a component is believed to be an Exponential random variable. A component life test is performed, wi

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The failure time of a component is believed to be an Exponential
random variable. A component life test is performed, with the goal
being to make inferences about the mean time to failure.
One component is in operation at all times; in the event of
failure, the failed component is immediately replaced by a new
component.
Observation begins at time T = 0 and ends immediately after the
15th failure, which occurs at time T = 1,650 minutes.
Obtain a point estimate for the mean time to
failure: (in minutes).
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