QUESTION 1 A tire factory wants to set a minimum mileage quarantee on its tyre. Tyre tests reveals that the mean mileage has a normal distribution with mean 134 and standard deviation 2.95. 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)

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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QUESTION 1
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 134 and standard
deviation 2.95.
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 1 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 134 and standard deviation 2.95. 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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