Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A certain printer cartridge has demonstrated a mean time usage of 9 hours and a standard deviation of 22 minutes. What time usage guarantee (in hours) should the manufacturer advertise in order to ensure that only 4% of the cartridges fail to meet the guaranteed time usage?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9112379

Have any Question?


Related Questions in Statistics and Probability

A student must answer 15 truefalse questions for a test but

A student must answer 15 true/false questions for a test, but the student did not study well. If the student randomly guesses on each question , what is the probability that the student answers 3 questions correctly?

Suppose that a fair 6 sided die is rolled let x indicate

Suppose that a fair, 6 sided die is rolled. Let X indicate the event that an odd number is rolled (in other words, X = 1 if an odd number is rolled and X = 0 otherwise). Let Y indicate the event that 2, 3, or 4 is rolled ...

What type of data values are quantitative and the number of

What type of data values are quantitative and the number of values is finite or countable?

You apply both valuation criteria and financial strength

You apply both valuation criteria and financial strength criteria in choosing stocks. The probability that a randomly selected stock from your investment universe meets your valuation criteria is 0.25. Given that a stock ...

You know that the price of sunland inc stock will be 36

You know that the price of Sunland, Inc., stock will be $36 exactly one year from today. Today the price of the stock is $34. Determine what must happen to the price of Sunland, Inc., today in order for an investor to ge ...

1 coal is carried from a mine in west virginia to a power

1. Coal is carried from a mine in West Virginia to a power plant in New York in hopper cars on a long train. The automatic hopper car loader is set to put 89 tons of coal into each car. The actual weights of coal loaded ...

Why is it important for leadership to know the

Why is it important for leadership to know the debt-to-equity ratio for their organization?

A company that supplies batteries for watches guarantees

A company that supplies batteries for watches guarantees that 95% of the batteries it ships will be free from defects. You test a sample of 50 batteries you received. You find that fewer than 10 have defects. Does this l ...

1 a stock market analyst is able to 1. A stock market analyst is able to

1. A stock market analyst is able to identify mis-priced stocks by comparing the average price for the last 10 days to the average price for the last 60 days. If this is true, what do you know about the market's efficien ...

Plastic sheets made by a machine are periodically monitored

Plastic sheets made by a machine are periodically monitored for fluctuations in thickness. If the true standard deviation in thickness exceeds 2.0 millimeters, there is cause for concern about product quality. Past exper ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As