SOLUTION: The lifetime of a certain type of machine is normally distributed with mean=2.5 years, and standard deviation=1.4 years. If this type of machine is guaranteed for 1 year, approxiam

Algebra ->  Probability-and-statistics -> SOLUTION: The lifetime of a certain type of machine is normally distributed with mean=2.5 years, and standard deviation=1.4 years. If this type of machine is guaranteed for 1 year, approxiam      Log On


   



Question 825783: The lifetime of a certain type of machine is normally distributed with mean=2.5 years, and standard deviation=1.4 years. If this type of machine is guaranteed for 1 year, approxiametly what fraction of original sales will require replacement?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The lifetime of a certain type of machine is normally distributed with mean=2.5 years, and standard deviation=1.4 years. If this type of machine is guaranteed for 1 year, approxiametly what fraction of original sales will require replacement?
======
z(1) = (1-2.5)/1.4 = -1.07
----
P(x < 1) = P(z < -1.07)
---
Comment: Use a z-chart, software,
or calculator to find the area under
the normal curve to the left of z = -1.07
---
I use a TI-84 calculator to get the following::
P(z < -1.07) = normalcdf(-100,-1.07) = 0.1423
===================
Ans: 1423/10,000
======================
Cheers,
Stan H