The life expectancy of Timely brand watches follows a normal distribution with a mean of four years and a standard deviation of eight months.(Please show all work)
A. Ninety-five percent of the watches will have a life expectancy of greater than how many months?
B. What are the minimum and the maximum life expectancy of the middle 95% of the watches?
The life expectancy of Timely brand watches follows a normal distribution with a mean of four...
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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According to the Center for Disease Control and Prevention (CDC), the mean life expectancy in 2015 for Hispanic males was 79.3 years. Assume that the standard deviation was 15 years, as suggested by the Bureau of Economic Research. The distribution of age at death, X, is not normal because it is skewed to the left. Nevertheless, the distribution of the mean, x, in all possible samples of size n is approximately normal if n is large enough, by the central...
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