The lives of all televisions manutactured by the [fictitious] AppleSung Company is normally distributed. The average life is 72 months. The standard deviation is 12 months. If the company does not want to replace more than 3.3 percent of all televisions, what should be the warranty period. Warranty period is the time that AppleSung promises to replace malfunctioning televisions, free of charge to the customer. Perform all calculations to two decimal points (e.g. 1.23). Select from options below. O Approximately 2,823 days O Approximately 1,498 days O Approximately 2,819 days O Approximately 1,501 days

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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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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The lives of all
televisions manutactured by the [fictitious]
AppleSung Company is normally
distributed. The average life is 72 months.
The standard deviation is 12 months. If the
company does not want to replace more
than 3.3 percent of all televisions, what
should be the warranty period. Warranty
period is the time that AppleSung promises
to replace malfunctioning televisions, free
of charge to the customer. Perform all
calculations to two decimal points (e.g.
1.23). Select from options below. *
Approximately 2,823 days
Approximately 1,498 days
O Approximately 2,819 days
O Approximately 1,501 days
Transcribed Image Text:The lives of all televisions manutactured by the [fictitious] AppleSung Company is normally distributed. The average life is 72 months. The standard deviation is 12 months. If the company does not want to replace more than 3.3 percent of all televisions, what should be the warranty period. Warranty period is the time that AppleSung promises to replace malfunctioning televisions, free of charge to the customer. Perform all calculations to two decimal points (e.g. 1.23). Select from options below. * Approximately 2,823 days Approximately 1,498 days O Approximately 2,819 days O Approximately 1,501 days
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