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Accrotime is a manufacturer of quartz crystal watches. Accrotime researchers have shown that the watches have an average life of 34 months before certain electronic

Accrotime is a manufacturer of quartz crystal watches. Accrotime researchers have shown that the watches have an average life of 34 months before certain electronic components deteriorate, causing the watch to become unreliable. The standard deviation of watch lifetimes is 4 months, and the distribution of lifetimes is normal.

(a) If Accrotime guarantees a full refund on any defective watch for 2 years after purchase, what percentage of total production will the company expect to replace? (Round your answer to two decimal places.)

(b) If Accrotime does not want to make refunds on more than 6% of the watches it makes, how long should the guarantee period be (to the nearest month)?

A research team conducted a study showing that approximately 10% of all businessmen who wear ties wear them so tightly that they actually reduce blood flow to the brain, diminishing cerebral functions. At a board meeting of 20 businessmen, all of whom wear ties, what are the following probabilities? (Round your answers to three decimal places.)

(a) at least one tie is too tight

(b) more than two ties are too tight

(c) no tie is too tight

0.122

(d) at least 18 ties are not too tight

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