Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A manufacturer claims that its wood treatment protects outdoor wood fences a mean of 2601 days with a standard deviation of 40.9 days. Assume a normal distribution. In a test of the claim, the wood treatment of a randomly selected fence lasted 2540 days.

(a) If the manufacturer's claim is true, what is the probability that the wood treatment on a randomly selected fence lasts a time less than 2540 days?

(b) Answer the question in (a) if the standard deviation is 25.1 days instead of 40.9 days.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9988280

Have any Question?


Related Questions in Statistics and Probability

You have just leased a car that has monthly payments of 365

You have just leased a car that has monthly payments of $365 for the next 4 years with the first payment due today. If the APR is 6.84 percent compounded monthly, what is the value of the payments today?

On the production line the company finds that 997 of

On the production line the company finds that 99.7% of products are made correctly. You are responsible for quality control and take batches of 30 products from the line and test them. What number of the 30 being incorre ...

How does wholesale banking differ from retail banking in

How does wholesale banking differ from retail banking in terms of: (a) product range; (b) client coverage; (c) marketing; (4) risk management; (5) pricing.

Assume that when adults with smartphones are randomly

Assume that when adults with smartphones are randomly? selected, 42?% use them in meetings or classes. If 7 adult smartphone users are randomly? selected, find the probability that at least 5 of them use their smartphone ...

A particular brand of tires claims that its deluxe tire

A particular brand of tires claims that its deluxe tire averages at least 50,000 miles before it needs to be replaced. From past studies of this tire, the standard deviation is known to be 8,000. A survey of owners of th ...

The commissioner of the state police is reported as saying

The commissioner of the state police is reported as saying that about 10% of reported auto thefts involve owners whose cars haven't really been stolen. What null and alternative hypotheses would be appropriate in evaluat ...

A system consists of five independent components in

A system consists of five independent components in parallel. The system will work if at least one of the five components works. Let Ci represent the event that component i works, i=1,...,5. P(Ci)=0.97 for all i. What is ...

A major car manufacturer wants to test a new engine to

A major car manufacturer wants to test a new engine to determine if it meets new air pollution standards. The mean emission μ of all engines of this type must be approximately 18 parts per million of carbon. If it is hig ...

Yixuan is building a tower out of lego pieces for the

Yixuan is building a tower out of Lego pieces. For the bottom layer of the tower, he has 12 large Lego blocks to choose from. Each of these large blocks is a different color and he has decided to use 5 of them for the bo ...

Suppose a researcher is interested in the number of good

Suppose a researcher is interested in the number of good versus bad dreams that students have during final exam week. The researcher states that  p  = 0.52 that a student will have a bad dream during final exam week. (a) ...

  • 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