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The Readylite Company produces a flashlight in which product managers are trying to decide how long a warranty to issue. If the managers believe the life of the flashlight follows a normal distribution with a mean of one and one-half years and a standard deviation of one-half years:

a) What percentage of flashlights sold can they anticipate will be returned within the first years?

b) What percentage of flashlights sold can they anticipate will be returned within the first two and one-half years?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92562465

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