Question

In: Statistics and Probability

Company XYZ know that replacement times for the DVD players it produces are normally distributed with...

Company XYZ know that replacement times for the DVD players it produces are normally distributed with a mean of 4.7 years and a standard deviation of 2.3 years.

Find the probability that a randomly selected DVD player will have a replacement time less than -0.8 years?
P(X < -0.8 years) =

Enter your answer accurate to 4 decimal places. Answers obtained using exact z-scores or z-scores rounded to 3 decimal places are accepted.

If the company wants to provide a warranty so that only 1.8% of the DVD players will be replaced before the warranty expires, what is the time length of the warranty?
warranty =  years

Enter your answer as a number accurate to 1 decimal place. Answers obtained using exact z-scores or z-scores rounded to 3 decimal places are accepted.

Solutions

Expert Solution

Solution :

Given that ,

mean = = 4.7

standard deviation = = 2.3

P(x < - 0.8)

= P[(x - ) / < (- 0.8 - 4.7) / 2.3]

= P(z < - 2.391)

Using z table,

= 0.0084

Using standard normal table,

P(Z > z) = 1.8%

= 1 - P(Z < z) = 0. 018

= P(Z < z) = 1 - 0.018

= P(Z < z ) = 0.982

= P(Z < 2.097 ) = 0.982  

z = 2.097

Using z-score formula,

x = z * +

x = 2.097 * 2.3 + 4.7

x = 9.5


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