Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The hard drive reader head is the only likely component to fail, and all that fail are replaced. These have a life expectancy that follows the normal distribution with mean 60 months and standard deviation of 2 months. What is the longest time that the manufacturer can guarantee the hard drives if they want to replace no more than 4% of them.

Please show/explain all the steps! Im really lost!

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9991721

Have any Question?


Related Questions in Statistics and Probability

Te proportion of people who love dogs is known to be 75

The proportion of people who love dogs is known to be 75 % Australia wide. A town in far north Queensland is often different in many aspects to the rest of Australia. When 88 families were sampled the proportion who love ...

If you flip five coins what is the probability that you

If you flip five coins what is the probability that you will get at least three heads?

The contents of a particular bottle of shampoo marked as

The contents of a particular bottle of shampoo marked as 150 ml are found to be 153 ml at an average, with a standard deviation of 2.5 ml. What proportion of shampoo bottles contain less than the marked quantity? Assume ...

Income can have significant effects on peoples spending

Income can have significant effects on people's spending patterns. Research studies have revealed that consumer expenditure is influenced by various factors such as their income, gender, age and level of education. In or ...

In 2013 gallup conducted a poll and found a 95 confidence

In 2013, Gallup conducted a poll and found a 95% confidence interval of the proportion of Americans who believe it is the government's responsibility for health care. Give the statistical interpretation.

Suppose that college science textbooks on average cost 225

Suppose that college science textbooks on average cost 225 dollars with a standard deviation of 45 dollars. Suppose that a random sample of 40 college science textbooks was taken. Find the probability that the sample mea ...

In a sample of 12 kids their mean time on the internet on

In a sample of 12 kids, their mean time on the internet on the phone was 3.9 hours with a standard deviation of 0.7 hours. Which distribution would be most appropriate to use?

Consider the probability distribution shown belowx 0 1 2 px

Consider the probability distribution shown below. x 0 1 2 P(x) 0.65 0.30 0.05 Compute the expected value of the distribution. Compute the standard deviation of the distribution. (Round your answer to four decimal places ...

Determine the type of distribution for the following

Determine the type of distribution for the following situation: Draw marbles from a bag which contains 5 red marbles, 6 blue marbles and 4 green marbles with replacement until you get a blue marble. a)  Binomial b)  Pois ...

Runzheimer international publishes business travel costs

Runzheimer International publishes business travel costs for various cities throughout the world. In particular, they publish per diem totals that represent the average costs for the typical business traveler, including ...

  • 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