Question
The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research
The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are normally distributed with a mean of 3.8 years and a standard deviation of 0.4 years. He then randomly selects records on 44 laptops sold in the past and finds that the mean replacement time is 3.6 years.
Assuming that the laptop replacement times have a mean of 3.8 years and a standard deviation of 0.4 years, find the probability that 44 randomly selected laptops will have a mean replacement time of 3.6 years or less
P(¯¯¯X≤3.6 years)P(X¯≤3.6 years) = Round to 4 decimal places.
Based on the result above, does it appear that the computer store has been given laptops of lower than average quality?
No. The probability of obtaining this data is greater than 5%, high enough to have been a chance occurrence.
Yes. The probability of obtaining this data is less than 5%, so it is unlikely to have occurred by chance alone.
Step by Step Solution
3.49 Rating (156 Votes )
There are 3 Steps involved in it
Step: 1
for normal distribution z ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Document Format ( 2 attachments)
608fc7e2c486d_21280.pdf
180 KBs PDF File
608fc7e2c486d_21280.docx
120 KBs Word File
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started