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Summary Statistics Project Final 1 .docx MAT-154 Statistics Project Final Problem: Machines have the probability of falling 1/6 every year
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Problem: Machines have the probability of falling 1/6 every year. I need to simulate how long will it take to fail in average of 20 times. Part I (Empirical Analysis):I simulated this by rolling the dice until I obtained 1 every time. The average of the numbers I got is [4.7]. This means that in average, it will take about 4.7 years until the machine fails. The numbers I obtain in each round until I got a 1 are [1,3,6,1,2,1,4,9,5,14,21,2,5,3,3,3,2,2,2,5]. I took the difference of these values from the mean [- 3.7, -1.7, 1.3, -3.7, -2.7, -3.7, -0.7, 4.3, 0.3, 9.3, 16.3, -2.7, 0.3, -1.7, -1.7
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