In: Statistics and Probability
A battery company claims that their batteries last on average 60 hours. The standard deviation of the battery life is 4 hours. Assuming that their claim is true, what would be the lowest 5% of values we would get if we were to sample 100 batteries and find their mean life length?
Given that,
mean = = 60
standard deviation = = 4
n = 100
= 60
= / n =4 /100=0.4
Using standard normal table,
P(Z < z) = 5%
= P(Z < z) = 0.05
= P(Z < -1.64) = 0.05
z =-1.64 Using standard normal table,
Using z-score formula
= z * +
= -1.64 *0.4+60
= 59.344