Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Find the Probability and inverse probability for the given Normal distribution.

Accrotime is a manufacturer of quartz crystal watches. Accortime researchers have shown that the watches have an average life of 28 months before certain electronic components deteriorate, causing the watch to become unreliable. The standard deviation of watch lifetimes is 5 months, and the distribution of lifetimes is normal.

1) State the random variable.
2) If Accrotime guarantees a full refund on any defective watch for 2 years after purchase, what percentage of total production will the company expect to replace?
3) If Accrotime does not want to make refunds on more than 12 percent of the watches it makes, how long should the guarantee period be (to the nearest month)?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M923174

Have any Question? 


Related Questions in Statistics and Probability

1 what are the most important threats to validity that

1. What are the most important threats to validity that occur in quasi experimental research designs when the research is conducted over a period of time? What techniques can be used to minimize these potential interpret ...

1 how might you find information about measures that have

1. How might you find information about measures that have been developed by ofllerresearchers? 2. What are diary mefllodologies, and why are flley used? 3. Discuss ways in which interviewers can increase flle reliabilit ...

A biology instructor believes that the average quiz score

A Biology instructor believes that the average quiz score is a good predictor of final exam score. A random sample of 10 students produced the following data where x is the average quiz score and y is the final exam scor ...

A research concludes that the number of hours of exercise

A research concludes that the number of hours of exercise per week for adults is normally distributed with a mean of 3.5 hours and a standard deviation of 3 hours. Show all work. Just the answer, without supporting work, ...

A citys mean minimum daily temperature in february is 27

A city's mean minimum daily temperature in February is 27 degrees F. Suppose the standard deviation of the minimum temperature in February is 4 degrees F and that the distribution of minimum temperatures in February is a ...

One thousand people are enrolled in a 10 year cohort study

One thousand people are enrolled in a 10 year cohort study. At the start of the study, 100 have diagnosed CVD. Over the course of the study, 80 people who were free of CVD at baseline develop CVD. What is the cumulative ...

Consider a decision-maker whose subjective probability

Consider a decision-maker whose subjective probability distribution over the set of possible states Ω is p = (p(s)) We ask him to tell us his subjective probability distribution, but he can lie and report any distributio ...

Please explain every step to make the sum understandableit

Please explain every step to make the sum understandable. It has been hypothesized that the distribution of seasonal colds in Canada is as follows: Season          Percentage Fall                    35% Winter            ...

Bag i contains 3 white objects and 4 black objects and bag

Bag I contains 3 white objects and 4 black objects, and Bag II contains 2 white and 6 black objects. a) You pick an object randomly from Bag I and place it into Bag II. Next you pick an object randomly from Bag II. What ...

1 why is it possible to consider anova as a special case of

1. Why is it possible to consider ANOVA as a special case of regression? 2. Give an example of when simultaneous, hierarchical, and stepwise multiple regression analyses might be used in research. 3. How is a log linear ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen