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alexdok [17]
3 years ago
9

If accrotime guarantees a full refund on any defective watch for 2 years after purchase, what percentage of total production wil

l the company expect to replace? (round your answer to two decimal places.)
Business
1 answer:
scZoUnD [109]3 years ago
5 0

 The problem is missing some parts but nevertheless here is the solution:

Given:

Mean is 28

Standard deviation is 5

 

So we denote the problem as x <= 2

 For X ~ N (28, 5^2) 
we are looking for the percentage:

P{X>24} = P {Z>z}

 Where z = (24-28)/5 = 4/5 = - 0.80. 


P {Z> -0.80} = 1 - P{Z< -0.80} = 1 - 0.2119.

Or in percentage, it is replaced as P{Z< -0.80} = 0.2119, 21.19%. 

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