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 4.4 years and a standard deviation of 0.5 years. He then randomly selects records on 47 laptops sold in the past and finds that the mean replacement time is 4.2 years.
(a)Assuming that the laptop replacment times have a mean of 4.4 years and a standard deviation of 0.5 years, find the probability that 47 randomly selected laptops will have a mean replacment time of 4.2 yearsor less.
Round your answer to 4 decimal places.
(b)Based on the result above, does it appear that the computer store has been given laptops of lower than average quality?
- Yes. The probability of this data is unlikely to have occurred by chance alone.
- No. The probability of obtaining this data is high enough to have been a chance occurrence.
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