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On average, a pair of running shoes can last 18 months if used every day. The length of time running shoes last is exponentially distributed. What is the probability that a pair of running shoes last more than 15 months? On average, how long would six pairs of running shoes last if they are used one after the other? Eighty percent of running shoes last at most how long if used every day?

Short Answer

Expert verified

The value of the duration of time for 80 percent of the running shoes last is 28.97 months.

Step by step solution

01

Given information

A pair of running shoes can last 18 months if used every day. The length of time running shoes last is exponentially distributed.

02

Solution

The exponential function is,

m=1

=118

=0.055556

The following is an exponential distribution of how long running shoes last:

X~Exp(0.055556)

Here,

X=Random variable for the length of time running shoes last

It is evident that the exponential distribution's cumulative distribution function is:

P(X<x)=1emx

03

Solution

The probability that the running will endure longer than 15 months can be computed as follows:

P(x>15)=1P(x<15)

=11e0.05555615

=e0.83334

=0.4346

Thus, the value of the running last in more than 15months is 0.4346.

It is known that 1pair of running shoes on an average last in,

=18months

So, 6pairs of running shoes on an average will last in,

=186months

=108months

04

Solution

Here, you must compute the time it takes for 80percent of the running shoes to last, which implies you must calculate the data's 80thpercentile So, calculate it as below:

P(x<k)=1e0.055556k

0.80=1e0.055556k

e0.055556k=10.80

Take logarithmic on both the sides. Then,

lne0.055556k=ln0.20

0.055556k=1.6094

k=1.60940.055556

k28.97

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