A certain type of component can be purchased new or used. Fifty percent of all new components last more than five years, but only 30% of used components last more than five years. Is it possible that...

A certain type of component can be purchased new or used. Fifty percent of all new components last more than five years, but only 30% of used components last more than five years. Is it possible that the lifetimes of new components are exponentially distributed? Explain.