The concept of independence in context of reliability implies ______.

a. the working or failing of one component does not affect the probability of working or failing of any other component
b. the working or failing of one component affects the probability of working or failing of the successive component
c. the working or failing of one component affects the probability of working or failing of all components in sequence
d. the working or failing of one component does not affect the probability of working or failing of only the preceding component


a. the working or failing of one component does not affect the probability of working or failing of any other component

Business

You might also like to view...

Describe the buying behavior, characteristics, and media habits of different subcultures in the United States

What will be an ideal response?

Business

Cost of goods sold is an expense reported in the income statement and represents the cost of inventory sold during the period.

Answer the following statement true (T) or false (F)

Business

Murphy Inc., which produces a single product, has provided the following data for its most recent month of operation:   Number of units produced 7,000Variable costs per unit:  Direct materials$37Direct labor$43Variable manufacturing overhead$5Variable selling and administrative expenses$1Fixed costs:  Fixed manufacturing overhead$84,000Fixed selling and administrative expenses$119,000The company had no beginning or ending inventories.Required:a. Compute the unit product cost under absorption costing.b. Compute the unit product cost under variable costing.

What will be an ideal response?

Business

Which of the following is not considered an active management strategy?

a. Sector rotation b. Use of factor models c. Quantitative screens d. Full replication e. Linear programming

Business