According to a poll, individuals keep their mobile phones for an average of 1.4 years before purchasing a new one. The standard deviation for the year is 0.24 year. A mobile phone user is chosen at random. Determine the likelihood that the user will keep their existing phone for less than a year before purchasing a new one. Assume that the variable x has a regularly distributed distribution.
According to a poll, individuals keep their mobile phones for an average of 1.4 years before purchasing a new one. The standard deviation for the year is 0.24 year. A mobile phone user is chosen at random. Determine the likelihood that the user will keep their existing phone for less than a year before purchasing a new one. Assume that the variable x has a regularly distributed distribution.
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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According to a poll, individuals keep their mobile phones for an average of 1.4 years before purchasing a new one.
The standard deviation for the year is 0.24 year.
A mobile phone user is chosen at random.
Determine the likelihood that the user will keep their existing phone for less than a year before purchasing a new one.
Assume that the variable x has a regularly distributed distribution.
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