The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are normally distributed with a mean of 4.5 years and a standard deviation of 0.6 years. He then randomly selects records on 49 laptops sold in the past and finds that the mean replacement time is 4.3 years. Assuming that the laptop replacement times have a mean of 4.5 years and a standard deviation of 0.6 years, find the probability that 49 randomly selected laptops will have a mean replacement time of 4.3 years or less. P(M < 4.3 years) = Enter your answer as a number accurate to 4 decimal places. NOTE: Answers obtained using exact z-scores or z-scores rounded to 3 decimal places are accepted.
The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are
Assuming that the laptop replacement times have a mean of 4.5 years and a standard deviation of 0.6 years, find the probability that 49 randomly selected laptops will have a mean replacement time of 4.3 years or less.
P(M < 4.3 years) =
Enter your answer as a number accurate to 4 decimal places. NOTE: Answers obtained using exact z-scores or z-scores rounded to 3 decimal places are accepted.
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