The life expectancy of sport utility vehicles follows a normal distribution with a mean of 145.8 thousands of miles and a standard deviation of 25.32 thousands of miles.
a) Find P(x ≥ 150), the probability an SUV will last 150 thousand miles or higher. Round the z-score to 2 decimal places. Don't round the final answer.
b) The cut-off life expectancy of a SUV that represents the 27th percentile (lowest 27% of all SUV life expectancies). Round answer to 2 decimal places.
The life expectancy of sport utility vehicles follows a normal distribution with a mean of 145.8...
As part of a study designed to compare hybrid and similarly equipped conventional vehicles, a group tested a variety of classes of hybrid and all-gas model cars and sport utility vehicles (SUVs). Suppose the following data show the miles-per-gallon rating obtained for two hybrid small cars, two hybrid midsize cars, two hybrid small SUVs, and two hybrid midsize SUVs; also shown are the miles per gallon obtained for eight similarly equipped convention Class Type MPG Small Car Hybrid 37 Small...
A relay microchip in a telecommunications satellite has a life expectancy that follows a normal distribution with a mean of 92 months and a standard deviation of 3.8 months. When this computer-relay microchip malfunctions, the entire satellite is useless. A large London insurance company is going to insure the satellite for 50 million dollars. Assume that the only part of the satellite in question is the microchip. All other components will work indefinitely. (a) For how many months should the...
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The Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands...
The Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen Cadets, each bought "new" two years ago and each sold "used" within the past month. For each Cadet in the sample, we have listed both the mileage, x (in thousands of miles), that the Cadet had on its odometer at the time it was sold used, and the price, y (in...
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The Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of fifteen Cadets, each bought "new" two years ago and each sold "used" within the past month. For each Cadet in the sample, we have listed both the mileage, X (in thousands of miles), that the Cadet had on its odometer at the time it was sold used, and the price, y (in...
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