1. What is the probability of randomly selecting a z-score less than z = −0.80 from a normal distribution?
2. A normal distribution has a mean of μ = 80 with σ = 12. Find the following probabilities.
(a) p(X > 83) _______________
(b) p(X < 74) ______________
(c) p(X < 92) ______________
(d) p(71 < X < 89) __________
3. Accrotime is a manufacturer of quartz crystal watches. Accrotime researchers have shown that the watches have an average life of 30 months before certain electronic components deteriorate, causing the watch to become unreliable. The standard deviation of watch lifetimes is 4 months, and the distribution of lifetimes is normal.
(a) 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? (Round your answer to two
decimal places.)
______________ %
(b) If Accrotime does not want to make refunds on more than 12% of
the watches it makes, how long should the guarantee period be (to
the nearest month)?
_________________months
1) Z<-0.80 ; Using standard Normal distribution Table: P(Z < -0.80)= 0.2119
2) Mean= 80
Standard deviation(Std)= 12
Z score:
a)
Using standard normal distirbution table: P(Z>0.25)= 1-P(Z<0.25) = 1-0.5987=0.4013
b)
Using standard normal distirbution table: P(Z<-0.5)= 0.3085
c)
Using standard normal distirbution table: P(Z<1)= 0.8413
d)
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