Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A survey found that people keep their televisions an average of 5.8 years. The standard deviation is 0.86 year. If a person decides to buy
A survey found that people keep their televisions an average of 5.8 years. The standard deviation is 0.86 year. If a person decides to buy a new TV, find the probability that he or she owned the old one for the given amount of time. Assume the random variable is normally distributed. Refer to the table of values ( Area Under the Standard Normal Distribution) as needed. If necessary, round intermediate calculations to the nearest hundredth. Part 1 of 3 (a) More than 4.1 years The probability that a randomly selected person has owned his or her old TV for more than 4.1 years is 97.7 %. Part: 1 / 3 Part 2 of 3 (b) Less than 4 years The probability that a randomly selected person has owned his or her old TV for less than | years is X 9 Skip Part Check Save For Later Submit Assignment
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started