The lifespan of a car battery averages six years. Suppose the batterylifespan follows an exponential distribution.(a) Find the probability that a randomly selected car battery will lastmore than four years.(b) Find the variance and the 95th percentile of the battery lifespan.(c) Suppose a three-year-old battery is still going strong. (i) Find theprobability the battery will last an additional five years. (ii) Howmuch longer is this battery expected to last

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Answer:

Step-by-step explanation:

Let X denote the life span of a car battery and it follows and exponential distribution with average of 6 years.

Thus , the parameter of the exponential distribution is calculated as,

μ = 6

[tex]\frac{1}{\lambda} =6[/tex]

[tex]\lambda = \frac{1}{6}[/tex]

a) The required probability is

[tex]P(X>4)=1-P(X\leq 4)\\\\=1-F(4)\\\\1-(1-e^{- \lambda x})\\\\=e^{-\frac{4}{6}[/tex]

= 0.513

Hence, the probability that a randomly selected car battery will last more than four years is 0.513

b) The variance of the battery span is calculated as

[tex]\sigma ^2=\frac{1}{(\frac{1}{\lambda})^2 }\\\\\sigma ^2=\frac{1}{(\frac{1}{6})^2 } \\\\=6^2=36[/tex]

The 95% percentile [tex]x_{a=0.05}[/tex] (α = 5%) of the battery span is calculated

[tex]x_{0.05}=-\frac{log(\alpha) }{\lambda} \\\\=-\frac{log(0.05)}{1/6} \\\\=-6log(0.05)\\\\=17.97 \ years[/tex]

c)  

Let [tex]X_r[/tex] denote the remaining life time of a car battery

i)the probability the battery will last an additional five years is calculated below

[tex]P(X_r>5)=e^{-5\lambda}\\\\=e^{-\frac{5}{6} }\\\\=0.4346[/tex]

ii) The average time that the battery is expected to last is calculated

[tex]E(X_r)=\frac{1}{\lambda} \\\\=6[/tex]