In: Statistics and Probability
A manufacturer knows that their items have a normally
distributed lifespan, with a mean of 2.7 years, and standard
deviation of 0.7 years.
If 6 items are picked at random, 4% of the time their mean life
will be less than how many years?
Give your answer to one decimal place.
µ= 2.7
σ = 0.7/ sqrt(6) = 0.285773803
proportion= 0.04
Z value at 0.04 =
-1.75 (excel formula =NORMSINV(
0.04 ) )
z=(x-µ)/σ
so, X=zσ+µ= -1.75 *
0.285773803 + 2.7
X = 2.20
(answer)
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