SOLUTION: Suppose that the replacement times for washing machines are normally distributed with a mean of 8.7 years and a standard deviation of 1.6 years. Find the replacement time that sep

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Question 437352: Suppose that the replacement times for washing machines are normally distributed with a mean of 8.7 years and a standard deviation of 1.6 years. Find the replacement time that separated the top 18% of washing machines from the bottome 82%
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 
Hi
Suppose that the replacement times for washing machines are normally distributed
with a mean of 8.7 years and a standard deviation of 1.6 years
Find the replacement time that separated the top 18% of washing machines
from the bottome 82% P (x < 82%) then z = .9154 | NORMSINV(0.82)
*Note: z+=+blue%28x+-+mu%29%2Fblue%28sigma%29
.9154(1.6) + 8.7 = x
10.1646 = x