Math Problem Statement

Company XYZ know that replacement times for the quartz time pieces it produces are normally distributed with a mean of 12.9 years and a standard deviation of 2.4 years.

Find the probability that a randomly selected quartz time piece will have a replacement time less than 5.9 years? P(X < 5.9 years) =

Enter your answer accurate to 4 decimal places. Answers obtained using exact z-scores or z-scores rounded to 3 decimal places are accepted.

If the company wants to provide a warranty so that only 0.6% of the quartz time pieces will be replaced before the warranty expires, what is the time length of the warranty? warranty = years

Enter your answer as a number accurate to 1 decimal place. Answers obtained using exact z-scores or z-scores rounded to 3 decimal places are accepted.

Solution

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Math Problem Analysis

Mathematical Concepts

Probability
Statistics
Normal Distribution
Z-scores

Formulas

Z-score formula: z = (X - μ) / σ
Cumulative distribution function (CDF) for standard normal distribution

Theorems

Empirical Rule
Standard Normal Distribution Theorem

Suitable Grade Level

Grades 10-12