Company XYZ know that replacement times for the quartz time pieces it produces are normally distributed with a mean of 14.3 years and a standard deviation of 1.5 years. If the company wants to provide a warranty so that only 3% of the quartz time pieces will be replaced before the warranty expires, what is the time length of the warranty? warranty = years Enter your answer as a number accurate to 1 decimal place. Answers obtained using exact z-scores or z- scores rounded to 3 decimal places are accepted.
Company XYZ know that replacement times for the quartz time pieces it produces are normally distributed with a mean of 14.3 years and a standard deviation of 1.5 years. If the company wants to provide a warranty so that only 3% of the quartz time pieces will be replaced before the warranty expires, what is the time length of the warranty? warranty = years Enter your answer as a number accurate to 1 decimal place. Answers obtained using exact z-scores or z- scores rounded to 3 decimal places are accepted.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![Company XYZ know that replacement times for the quartz time pieces it produces are normally distributed
with a mean of 14.3 years and a standard deviation of 1.5 years.
If the company wants to provide a warranty so that only 3% of the quartz time pieces will be replaced
before the warranty expires, what is the time length of the warranty?
warranty =
years
Enter your answer as a number accurate to 1 decimal place. Answers obtained using exact z-scores or z-
scores rounded to 3 decimal places are accepted.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8455498e-62f3-4926-9b8e-84f71c26176b%2F16c7abbe-a0e2-4c21-a934-03331b88f9dc%2Fueip2g_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Company XYZ know that replacement times for the quartz time pieces it produces are normally distributed
with a mean of 14.3 years and a standard deviation of 1.5 years.
If the company wants to provide a warranty so that only 3% of the quartz time pieces will be replaced
before the warranty expires, what is the time length of the warranty?
warranty =
years
Enter your answer as a number accurate to 1 decimal place. Answers obtained using exact z-scores or z-
scores rounded to 3 decimal places are accepted.
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