Mathematics, 07.03.2020 20:35 milkshakegrande101

The average lifetime of a certain new cell phone is 6 years. The manufacturer will replace any cell phone failing within 2 years of the date of purchase. The lifetime of these cell phones is known to follow an exponential distribution. What is the decay rate?

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The average lifetime of a certain new cell phone is 6 years. The manufacturer will replace any cell...