Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Company XYZ know that replacement times for the quartz time pieces it produces are normally distributed with a mean of 11.5 years and a

1. Company XYZ know that replacement times for the quartz time pieces it produces are normally distributed with a mean of 11.5 years and a standard deviation of 1.4 years. Find the probability that a randomly selected quartz time piece will have a replacement time less than 8 years? P(X < 8 years) = Enter your answer accurate to 4 decimal places. If the company wants to provide a warranty so that only 3% of the quartz time pieces will be replaced before the warranty expires, what is the time length of the warranty? warranty = years Enter your answer as a number accurate to 1 decimal place.

2. Company XYZ know that replacement times for the quartz time pieces it produces are normally distributed with a mean of 11.5 years and a standard deviation of 1.4 years. Find the probability that a randomly selected quartz time piece will have a replacement time less than 8 years? P(X < 8 years) = Enter your answer accurate to 4 decimal places. If the company wants to provide a warranty so that only 3% of the quartz time pieces will be replaced before the warranty expires, what is the time length of the warranty? warranty = years Enter your answer as a number accurate to 1 decimal place.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Partial Differential Equations For Scientists And Engineers

Authors: Stanley J Farlow

1st Edition

0486134733, 9780486134734

More Books

Students also viewed these Mathematics questions

Question

How can emotions cause communication breakdown?

Answered: 1 week ago