16. Aretail computer store is considere offering a two-year service warranty, instead of its current one-year plan. In order to do they must determine the average service costs for their systems in the second year of operation. A committee of technicians, sales, and management staff believe that the average repair cost in the second year should be approximately $50. Seventy-five customers who purchased machines between two and four years earlier are randomly selected. Tracking the service needs of these customers reveals an average service cost of $38 with a standard deviation of $10.
16. Aretail computer store is considere offering a two-year service warranty, instead of its current one-year plan. In order to do they must determine the average service costs for their systems in the second year of operation. A committee of technicians, sales, and management staff believe that the average repair cost in the second year should be approximately $50. Seventy-five customers who purchased machines between two and four years earlier are randomly selected. Tracking the service needs of these customers reveals an average service cost of $38 with a standard deviation of $10.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Solve answers (a,b, and c).
Please show EVERY STEP. When you skip a step I am left to try to figure what short cut you took. Also, show the bell curve graph for each problem.
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