[All Steps] Suppose that two electronic components in the guidance system for a missile operate independently and that each has an exponentially distributed
Question: Suppose that two electronic components in the guidance system for a missile operate independently and that each has an exponentially distributed lifetime with mean one (measured in thousands of hours).
- Find the probability density function of the average lifetime of the two components.
- Find the expected value and the variance of the average lifetime of the two components.
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