Why seiki 40 inch has gray screen no picture but has sound

It's possible the Monitor has failed, but here's some tricks I would try...
1. Verify the monitor's power cord is plugged firmly into the wall outlet and the back of the monitor.
2. Verify the monitor cable is firmly connected to the computer and the monitor.
3. Verify that you have turned the monitor power switch on.
4. If the power light on the monitor is not on, test the wall outlet (plug in a light or something you know works).
5. If the power light on the monitor is not on, try a different power cord.
6. If the power light is on and yellow or orange or flashing, but nothing displays, or the display is incorrect, borrow a monitor from a friend. If that works, your monitor probably needs replaced.
7. Also, you could try your display on a friend's computer. If it doesn't work, your monitor probably needs replaced. If it works properly on your friends computer, the problem may be with your computers video output port, motherboard video chip (or video card, if you have one), or drivers.
Good luck.