In: Statistics and Probability
A manufacturer knows that their items have a normally
distributed lifespan, with a mean of 10.8 years, and standard
deviation of 2.7 years.
If you randomly purchase one item, what is the probability it will
last longer than 8 years? (Give answer to 4 decimal places.)
µ = 10.8
σ = 2.7
right tailed
P ( X ≥ 8.00 )
Z = (X - µ ) / σ = ( 8.00
- 10.8 ) / 2.7
= -1.037
P(X ≥ 8 ) = P(Z ≥
-1.037 ) = P ( Z <
1.037 ) =
0.8501(answer)
excel formula for probability from z score is
=NORMSDIST(Z)