60000km on the ordinary road. Assuming that the durability of this new tyre is approximately normal distributed with a standard deviation of 6000 km, find the probability that a tyre selected at random will last more than 70000km. The tyre manufacturer guarantees to replace the tyres free with the new tyres if they last less than K km, determine the value of K if the tyre manufacturer intends to replace only 1% of all tyres.
60000km on the ordinary road. Assuming that the durability of this new tyre is approximately normal distributed with a standard deviation of 6000 km, find the probability that a tyre selected at random will last more than 70000km. The tyre manufacturer guarantees to replace the tyres free with the new tyres if they last less than K km, determine the value of K if the tyre manufacturer intends to replace only 1% of all tyres.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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