Replacement times for TV sets are normally distributed with mean of 8.2 years and a standard deviation of 1.1 years.
The probability that a randomly selected TV will have a replacement time less than 5.0 years is .0018
The probability that a randomly selected TV will have a replacement time between 7 and 9 years is .6285
The time length of the warranty, so that only 1% of the TV sets will be replaced before warranty expires is 5.64 years
.
Get Answers For Free
Most questions answered within 1 hours.