What do entrepreneurs do?

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they invest money into businesses and if they have profit they get money that the company makes because the buy stock and that means they own part of the company they are investing in.

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The lifetime of a certain transistor in a certain application has mean 900 hours and standard deviation 30 hours. Find the mean

tamaranim1 [39]

Answer:

$E(T)=E(X1 + X2 + X3 + X4 =E(x1) + E(x2) + E(x3) + E(x4)$

$E(T) =900+900+900+900 =3600$

And the mean would be:

$\bar X = \frac{T}{4} = \frac{3600}{4}= 900$

And the standard deviation of total time would be:

$SD(T)=\sqrt(Var(T)) = sqrt(Var(X1) + Var(x2) + Var(x3) + Var(x4))$

$\sigma=sqrt(30^2+30^2+30^2+30^2) =\sqrt(3600) =60$

Step-by-step explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".

Solution to the problem

Let total life time of t four transistors T = X1 + X2 + X3 + X4 (where X1,X2,X3 and X4 are life time of individual transistors

For this case the mean length of time that four transistors will last