Mean Replacement Times The manager of the Portland Electronics store is concerned that his suppliers have been

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Mean Replacement Times The manager of the Portland Electronics store is concerned that his suppliers have been giving him TV sets with lower than average quaity. His research shows that replacement times for TV sets have a mean of 8.2 years and a standard deviation of 1.1 years (based on data from “Getting Things Fixed,”

Consumer Reports). He then randomly selects 50 TV sets sold in the past and finds that the mean replacement time is 7.8 years.

a. Assuming that TV replacement times have a mean of 8.2 years and a standard deviation of 1.1 years, find the probability that 50 randomly selected TV sets will have a mean replacement time of 7.8 years or less.

b. Based on the result from part (a), does it appear that the Portland Electronics store has been given TV sets with lower than average quality?

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Elementary Statistics

ISBN: 9780201775709

9th Edition

Authors: Mario F. Triola

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