In: Statistics and Probability
A manufacturer knows that their items have a normally distributed lifespan, with a mean of 7.4 years, and standard deviation of 0.6 years. If 13 items are picked at random, 8% of the time their mean life will be less than how many years? Give your answer to one decimal place.
Given that,
mean = = 7.4
standard deviation = = 0.6
n = 13
= 7.4
= / n = 0.6 /13=0.1664
Using standard normal table,
P(Z < z) = 8%
= P(Z < z) = 0.08
= P(Z <-1.41 ) = 0.08
z = -1.41 Using standard normal table,
Using z-score formula
= z * +
=-1.41 *0.1664+7.4
= 7.2