Let X denote the lifetime of a machine component with an exponential distribution. The mean time for the component failure is 25
1 answer:
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Answer:
6.84 ≤ x ≤ 37.39
Step-by-step explanation:
we have
-----> equation A
we know that
The company wants to keep its profits at or above $225,000,
so
-----> inequality B
Remember that P(x) is in thousands of dollars
Solve the system by graphing
using a graphing tool
The solution is the interval [6.78,39.22]
see the attached figure
therefore
A reasonable constraint for the model is
6.84 ≤ x ≤ 37.39
