After reading the supplement article on Business Analytics linked to the week 1 schedule, write an essay on how business analytics impacts you today, or its potential role in your chosen career path. Do research for your paper, or interview someone who works in your area. The goals of this paper are two-fold: (1) focus on high quality writing, using the COBE Writing Styles Guide for writing help and citations. (2) consider the importance of BI from a personal/work/career perspective.

## After reading the supplement article on Business Analytics linked to the week 1 schedule, write an essay on how business analytics impacts you today, or its potential role in your chosen career path. Do research for your paper, or interview someone who works in your area. The goals of this paper are two-fold: (1) focus on high quality writing, using the COBE Writing Styles Guide for writing help and citations. (2) consider the importance of BI from a personal/work/career perspective.

3. The probability density function for mechanical component is given by: fT(t) = 1/(b-a) when t <=a<=b = 0; elsewhere Determine: • Cumulative distribution of the failures (5 points) • Reliability of the components (5 points) • Hazard rate for the components (5 points) • Mean, standard deviation of the failure distribution and reliability of components at the end of 2 years, when c=0.0025 (5 points) • Plot the probability density function, probability time distribution function, Reliability function and Hard Rate function for the given distribution when a=6000 and b=12000 (5 points)

## 3. The probability density function for mechanical component is given by: fT(t) = 1/(b-a) when t <=a<=b = 0; elsewhere Determine: • Cumulative distribution of the failures (5 points) • Reliability of the components (5 points) • Hazard rate for the components (5 points) • Mean, standard deviation of the failure distribution and reliability of components at the end of 2 years, when c=0.0025 (5 points) • Plot the probability density function, probability time distribution function, Reliability function and Hard Rate function for the given distribution when a=6000 and b=12000 (5 points)

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