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Computing Probability value based on the normal distribution.

The mean lifetime of a TV by a certain manufacturer is 10.5 years with a standard deviation of 3 years. If the distribution is normal, for how many years should the manufacturer give a replacement guarantee, if the company does not want to replace more than 5% of the televisions?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M919735

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