Suppose that the lifetimes of tires of a certain brand are normally distributed with a mean of 74,000 miles and a standard deviation of σ miles. These tires come with a 65,000-mile warranty. The manufacturer of the tires can adjust σ during the production process, but the adjustment of σ is quite costly. The manufacturer wants to set σ once and for all so that only 10% of the tires will fail before warranty expires. Find the standard deviation to be set. Carry your intermediate computations to at least four decimal places. Round your answer to at least one decimal place.
Suppose that the lifetimes of tires of a certain brand are normally distributed with a mean of 74,000 miles and a standard deviation of σ miles. These tires come with a 65,000-mile warranty. The manufacturer of the tires can adjust σ during the production process, but the adjustment of σ is quite costly. The manufacturer wants to set σ once and for all so that only 10% of the tires will fail before warranty expires. Find the standard deviation to be set. Carry your intermediate computations to at least four decimal places. Round your answer to at least one decimal place.
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 the lifetimes of tires of a certain brand are normally distributed with a mean of 74,000 miles and a standard deviation of
σ miles. These tires come with a 65,000-mile warranty. The manufacturer of the tires can adjust σ during the production process, but the adjustment of
σ is quite costly. The manufacturer wants to set σ once and for all so that only 10% of the tires will fail before warranty expires. Find the standard deviation to be set. Carry your intermediate computations to at least four decimal places. Round your answer to at least one decimal place.
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