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According to modern science, earth is about 4.5 billion years old and written human history extends back about 10,000 years. suppose the entire history of earth is represented with a 10-meter-long timeline, with the birth of earth on one end and today at the other end.

If private savings 'v' = 0.75s and total savings 's' equals $4.20 billion, solve for public and private savings.

Amachine that produces a special type of transistor (a component of computers) has a 2% defective rate. the production is considered a random process where each transistor is independent of the others. (a) what is the probability that the 10th transistor produced is the first with a defect? (b) what is the probability that the machine produces no defective transistors in a batch of 100? (c) on average, how many transistors would you expect to be produced before the first with a defect? what is the standard deviation? (d) another machine that also produces transistors has a 5% defective rate where each transistor is produced independent of the others. on average how many transistors would you expect to be produced with this machine before the first with a defect? what is the standard deviation? (e) based on your answers to parts (c) and (d), how does increasing the probability of an event a↵ect the mean and standard deviation of the wait time until success?