Question

A backup can be installed that costs​ $100. What is the minimum allowable reliability for the backup that would make installing it​ worthwhile? The minimum allowable reliabilit​ = nothing​%

Answer 1

Answer:

0.95

Explanation:

Reliability is a assurance that a machine would have an efficiency of one or close to one.

The minimum allowable reliability R;

(1 - R) x 2000 = 100

Make R the subject of the formula;

R = 1 - (100/ 2000)

R = 1 - 0.05

= 0.95