Suppose that Dunlop Tire manufactures a brand of tires with lifetime miles that follows a normal distribution with mean of 70,000 miles and a standard deviation of 4400 miles. State the distribution of X using the notation from the formula sheet. 1. 2. 3. Determine the percentage of tires that will last at least 75,000 miles? Hint: find P(X ≥ 75000) What percentage of the tires will last 60,000 miles or less? Suppose that Dunlop wants to warrant no more than 2% of its tires. What mileage should the company advertise as its warranty mileage? Hints: Find X using the backwards method…is the X we are looking for less than or more than the mean? Think about the mean tire mileage and compare that to completely worn out tires…then decide where on the curve to plot X
Suppose that Dunlop Tire manufactures a brand of tires with lifetime miles that follows a normal distribution with mean of 70,000 miles and a standard deviation of 4400 miles. State the distribution of X using the notation from the formula sheet. 1. 2. 3. Determine the percentage of tires that will last at least 75,000 miles? Hint: find P(X ≥ 75000) What percentage of the tires will last 60,000 miles or less? Suppose that Dunlop wants to warrant no more than 2% of its tires. What mileage should the company advertise as its warranty mileage? Hints: Find X using the backwards method…is the X we are looking for less than or more than the mean? Think about the mean tire mileage and compare that to completely worn out tires…then decide where on the curve to plot X
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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Suppose that Dunlop Tire manufactures a brand of tires with lifetime miles that follows a
- State the distribution of X using the notation from the formula sheet.
1.
2.
3.
- Determine the percentage of tires that will last at least 75,000 miles?
Hint: find P(X ≥ 75000)
- What percentage of the tires will last 60,000 miles or less?
- Suppose that Dunlop wants to warrant no more than 2% of its tires. What mileage should the company advertise as its warranty mileage? Hints: Find X using the backwards method…is the X we are looking for less than or more than the mean? Think about the mean tire mileage and compare that to completely worn out tires…then decide where on the curve to plot X.
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