Hi,
I am having some difficulty working out a solution to this question.
Monitoring a car engine, the rate of occurrence of a fault is 1/15 per year.
Calculate the probability of 0, 1 and 2 faults occurring over a 12.5 year period.
I haven't got a clue how to approach this. I tried several methods but they are wrong.
Thanks!!!!!! Any help would be much appreciated.