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
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