A company makes car shocks. The distance traveled before the shocks fail is normally distributed with a mean of 75,000 miles and a standard deviation of 10,000 miles. At about what number of miles is there a 80% chance that the shock will have failed?
Given that,
mean = =
75000
standard deviation = =
10000
Using standard normal table,
P(Z < z) = 80%
=(Z < z) = 0.80
= P(Z < z ) = 0.80
z = 0.84
Using z-score formula
x = z
+
x = 0.84 *10000+75000
x = 83400
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