A tire factory wants to set a minimum mileage guarantee on its tyre. Tyre tests reveals that the mean mileage has a normal distribution with mean 145 and standard deviation 4.11. the manufacturer wants to set the minimum guaranteed mileage so that no more than 2.5 percent of tyres will have to be replaced. The Lower limit of guaranteed mileage is :? (Write your answer in 2 decimals places)

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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QUESTION 4
A tire factory wants to set a minimum mileage guarantee on its tyre. Tyre tests reveals that the mean mileage has a normal
distribution with mean 145 and standard deviation 4.11.
the manufacturer wants to set the minimum guaranteed mileage so that no more than 2.5 percent of tyres will have to be
replaced.
The Lower limit of guaranteed mileage is :?
(Write your answer in 2 decimals places)
Transcribed Image Text:QUESTION 4 A tire factory wants to set a minimum mileage guarantee on its tyre. Tyre tests reveals that the mean mileage has a normal distribution with mean 145 and standard deviation 4.11. the manufacturer wants to set the minimum guaranteed mileage so that no more than 2.5 percent of tyres will have to be replaced. The Lower limit of guaranteed mileage is :? (Write your answer in 2 decimals places)
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