3 question 2023 Business Finance
2023 3 question 1 A jet engine has ten components in series The average reliability of each component is
A jet engine has ten components in series. The average reliability of each component is 0.998. What is the reliability of the engine?
(Round your answer to 3 decimal places, e.g. 5.250.)
|Reliability of engine||
An engine system consists of three main components in a series, all having the same reliability. Determine the level of reliability required for each of the components if the engine is to have a reliability of 0.998. (Round answer to 4 decimal places, e.g. 15.2500.)
|Level of reliability||
A University Web server has five main components each with the same reliability. All five components must work for the server to function as intended. If the University wants to have a 95 percent reliability, what must be the reliability of each of the components? (Round answer to 4 decimal places, e.g. 15.2500.)
|Reliability of each component||
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