Exercise 58.1 Consider a zero-inflated mixture that involves a point mass at 0 with weight 0.3 and an exponential distribution with mean 1 and weight 0.7. What is the mean of this mixture?
TipHint
NoteSolution
0.7
Exercise 58.2 Consider a zero-inflated mixture that involves a point mass at 0 with weight 0.2 and an exponential distribution with mean 10000 and weight 0.8. If this mixture is used to represent the number of hours a light bulb works between the time it is installed and the time it fails, what is the probability that the bulb was defective when coming out of the factory and does not work when you install it?
NoteSolution
0.2