SOLUTION: The mean lifetime of a printer is 48 months, with a standard deviation of 7 months. If the distribution of the printer lifetime is normal, for how many months should a guarantee be
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-> SOLUTION: The mean lifetime of a printer is 48 months, with a standard deviation of 7 months. If the distribution of the printer lifetime is normal, for how many months should a guarantee be
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Question 1174438: The mean lifetime of a printer is 48 months, with a standard deviation of 7 months. If the distribution of the printer lifetime is normal, for how many months should a guarantee be made if the manufacturer does not want to exchange more than 10% of the watches? Assume the variable is normally distributed. (Round up whatever you get for the number of months the guarantee should be given for.) Answer by ewatrrr(24785) (Show Source):
Hi
Normal Distribution: μ = 48m and σ = 7mos
manufacturer does not want to exchange more than 10% of the watches
z = 1.282 represents 10% of the Standard Normal Curve
x = 7(1.282) + 48 = 56.97 (rounding down to 56)
90% are expected to have lifetime of 56mo
For how many months should a guarantee be made: 56mo
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