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Please answer the following question and explain your process please. \"Your com

ID: 3260736 • Letter: P

Question

Please answer the following question and explain your process please. "Your company manufactures television sets. The time until the first repair is normally distributed with a mean of 5 years and a standard deviation of 1.5 years. The boss wants to guarantee sets for the first 2 years. She asks you what percent of the sets will need a repair during the warranty period. What would you tell her? " Please answer the following question and explain your process please. "Your company manufactures television sets. The time until the first repair is normally distributed with a mean of 5 years and a standard deviation of 1.5 years. The boss wants to guarantee sets for the first 2 years. She asks you what percent of the sets will need a repair during the warranty period. What would you tell her? "

Explanation / Answer

P(X < a) = P(Z < a - mean/std)

P(X <2) = P(Z < 2 - 5/1.5)

= P(Z < -2)

= 0.0228

= 2.28%