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Mathematics, 15.12.2020 17:10 StephenCurry34

A steel cable consists of eight high-strength steel strands. The strength of each strand can be modeled by a lognormal random variable with a mean value of 50 kips and a coefficient of variation of 10%. What is the probability that the weakest strand will have a strength less than 40 kips?

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A steel cable consists of eight high-strength steel strands. The strength of each strand can be mode...
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