Question 6 of 6- /2 EView PoliciesCurrent Attempt in ProgressFast Auto Service provides oil and lube service for cars. It is known that the mean time taken for oil and lube service at this garage is 15minutes per car and the standard deviation is 2.4 minutes. The management wants to promote the business by guaranteeing amaximum waiting time for its customers. If a customer's car is not serviced within that period, the customer will receive a 50 %discount on the charges. The company wants to limit this discount to at most 4% of the customers. What should the maximumguaranteed waiting time be? Assume that the times taken for oil and lube service for all cars have a normal distribution.Round your answer to the nearest minute.The maximum guaranteed waiting time should be approximately iminutes.eTextbook and MediaSave for LaterAttempts: 0 of 5 usedSubmit Answer50e Type here to search

X: time taken for oil and lube service for al cars. X~N(15,2.4)

Answered: Fast Auto Service provides oil and lube…

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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