Independent solution

How to solve this Exponential Distribution question

Answer in brief

The equipment remains operational only when both independent exponential components exceed the five-year threshold. Multiplying their survival probabilities gives 0.054114, which rounds to choice B.

Setup

Setup

Let P and S be the two component lifetimes. Convert their respective means of 3 and 4 years to exponential rates.

PExp(1/3),SExp(1/4)P\sim\operatorname{Exp}(1/3),\qquad S\sim\operatorname{Exp}(1/4)
Pr(P>t)=et/3,Pr(S>t)=et/4\Pr(P>t)=e^{-t/3},\qquad \Pr(S>t)=e^{-t/4}

Model

Model

A series system survives the target duration precisely when both components survive it. Independence turns the joint survival probability into a product.

Pr(min(P,S)5)=Pr(P5)Pr(S5)\Pr(\min(P,S)\ge 5)=\Pr(P\ge 5)\Pr(S\ge 5)

Compute

Compute

Insert the two exponential survival probabilities and combine their exponents.

Pr(min(P,S)5)=e5/3e5/4\Pr(\min(P,S)\ge 5)=e^{-5/3}e^{-5/4}
e5/35/4=e35/12=0.0541137662e^{-5/3-5/4}=e^{-35/12}=0.0541137662\ldots

Answer

Answer

The system survival probability is about 0.05 at the precision of the listed answers.

Pr(min(P,S)5)0.05(B)\boxed{\Pr(\min(P,S)\ge 5)\approx 0.05\quad\text{(B)}}