23 278* 73 263* 156* 334
22* 72 91 32 102 81*
115
121 105*
263
74 53*
SOLUTION-
LET X BE THE FAILURE TIMES IN HOURS AND THE LIFETIMES ARE EXPONENTIALLY DISTRIBUTED.
SO, X ~ EXPONENTIAL()
A.) THE MAXIMUM-LIKELIHOOD ESTIMATED OF THE MEAN LIFETIME IS,
HENCE,
B.) A 95% TWO-SIDED CONFIDENCE INTERVAL FOR THE TRUE MEAN LIFETIME IS GIVEN BY,
NOW,
HENCE, THE 95% CONFIDENCE INTERVAL IS
**REMARK** - IN CASE OF DOUBT, COMMENT BELOW. AND PLEASE LIKE THE SOLUTION IF YOU LIKED IT.
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