Hardware Life (Based on a question from the GRE economics exam) To estimate the rate at which new computer hard drives will have to be retired, OHaganBooks.com uses the “survivor curve”:
Where
All of the following are implied by the curve except:
(A) Some of the equipment is retired during the first year of service.
(B) Some equipment survives three average lives.
(C) More than half the equipment survives the average life.
(D) Increasing the average life of equipment by using more durable materials would increase the number surviving at every age.
(E) The number of survivors never reaches zero.
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