The life expectancy of computer terminals is normally distributed with a mean of 4 years and a standard deviation of 10 months

a. What is the probability that a randomly selected terminal will last more than 5 years?
b. What percentage of terminals will last between 5 and 6 years?
c. What percentage of terminals will last less than 4 years?
d. What percentage of terminals will last between 2.5 and 4.5 years?
e. If the manufacturer guarantees the terminals for 3 years (and will replace them if they malfunction), what percentage of terminals will be replaced?


a. .1151
b. 10.69%
c. 50%
d. 68.98%
e. 11.51%

Business

You might also like to view...

Under GAAP for segment reporting, a company must report

A) a measure of profit or loss for each reportable segment. B) factors used to identify its reportable segments. C) the types of products and services from which each reporting segment derives its revenues. D) All of these must be reported.

Business

Xorbate Blue is a relatively new food supplement that provides both high immediate satisfaction and high long-run benefits. Xorbate Blue is best classified as a salutary product

Indicate whether the statement is true or false

Business

Compare and contrast line extensions and product modifications.

What will be an ideal response?

Business

Just-in-time delivery increases inventory costs.

Answer the following statement true (T) or false (F)

Business