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 3.2 years and a standard deviation of 0.5 years. He then randomly selects records on 39 laptops sold in the past. Round the answers of following questions to 4 decimal places.   What is the distribution of ¯xx¯? ¯xx¯ ~ N(______,_____) What is the probability that one randomly selected laptop is replaced less than 3.3 years? (_________) For 39 laptops, find the probability that the average replacement time is less than 3.3 years. (_________) For part d), is the assumption of normal necessary? (___)Yes (___)No

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.