/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Q. 5.17 If has a hazard rate functionλX... [FREE SOLUTION] | 91Ó°ÊÓ

91Ó°ÊÓ

If has a hazard rate functionλX(t), compute the hazard rate function of aXwhere ais a positive constant.

Short Answer

Expert verified

The function's hazard rate is,λaX(t)=1aλX(t/a).

Step by step solution

01

Determine the Random hazard variables.

The hazard rate of a random variable is,

λaX(t)=faX(t)1-FaX(t)

We know that,

localid="1649618601408" FaX(t)=P(aX≤t)=P(X≤t/a)=FX(t/a)

02

Equation of the value.

So we get that,

fax(t)=ddtFax(t)=ddtFX(t/a)=1afX(t/a)

Finally, we have that,

λaX(t)=faX(t)1-FaX(t)=1afX(t/a)1-FX(t/a)=1aλX(t/a)

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with 91Ó°ÊÓ!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

The median of a continuous random variable having distribution function F is that value m such that F(m) = 12. That is, a random variable is just as likely to be larger than its median as it is to be smaller. Find the median of X if X is

(a) uniformly distributed over (a, b);

(b) normal with parameters μ,σ2;

(c) exponential with rate λ.

Consider Example 4b of Chapter 4, but now suppose that the seasonal demand is a continuous random variable having probability density function f. Show that the optimal amount to stock is the value s*that satisfies

Fs*=bb+l

where bis net profit per unit sale, lis the net loss per unit

unsold, and F is the cumulative distribution function of the

seasonal demand.

The annual rainfall (in inches) in a certain region is normally distributed with μ=40andσ=4. What is the probability that starting with this year, it will take more than 10years before a year occurs having a rainfall of more than 50 inches? What assumptions are you making?

Suppose that X is a normal random variable with mean 5. If PX>9=.2, approximately what is Var(X)?

The number of years that a washing machine functions is a random variable whose hazard rate function is given by

λ(t)=.2 â¶Ä…â¶Ä…â¶Ä…0<t<2.2+.3(t−2) â¶Ä…â¶Ä…â¶Ä…2≤t<51.1 â¶Ä…â¶Ä…â¶Ä…t>5

(a)What is the probability that the machine will still be working 6years after being purchased?

(b) If it is still working 6years after being purchased, what is the conditional probability that it will fail within the next

2years?

See all solutions

Recommended explanations on Math Textbooks

View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.