A manufacturer knows that their items have a normally
distributed lifespan, with a mean of 2.3 years, and standard
deviation of 0.6 years.
The 6% of items with the shortest lifespan will last less than how
many years?
Give your answer to one decimal place.
First of all, we need to use the standard normal table to see what value if z will have 6% of the area (probability) to the left of it OR use excel formula "=NORM.S.INV(0.06)" to find the z-score.
We see that the z value is approximately z=-1.55.
Now, all we have to do is calculate the value of x that corresponds to the value of z. We have
Round the answer o one decimal place.
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