Question
Question 3: The mean lifetime of the engine of a particular car is 250,000 km with a standard deviation of 50,000 km. (3 marks each)
Question 3: The mean lifetime of the engine of a particular car is 250,000 km with a standard deviation of 50,000 km. (3 marks each)
a)What is the probability that an engine will last more than 375,000 km?
b)What is the probability that an engine will last less than 125,000 km?
c)What is the probability that an engine will last in between 375,000 km and 125,000 km?
d)A warranty lasts up to 125,000 km. If the manufacture sells 50,000 cars with this warranty and an engine replacement costs $2,500, what is the expected warranty cost using this model?
Question 4: A poll questioned 500 students about their views on pizza for lunch at school. The results indicated that 75% of respondents felt that pizza was a must for lunch at school and would quit school if there was no pizza at lunch.
a)Determine the 90% confidence interval. (5 marks)
b)What is the margin of error for this response at the 90% confidence level? (1 mark)
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