The insurance period must be chosen so that the probability of a microchip failure within that period is 4%. Reference to a standard normal distribution table shows that the z-score for a cumulative probability of 4% is -1.75.
Let the insurance period be X months:
-1.75 = (X - 93)/3.8
-6.65 = X - 93
X = 83.35 months.
The answer is 83.35 months.
Answer:
see explanation
Step-by-step explanation:
Calculate the distance (d) using the distance formula
d = √ (x₂ - x₁ )² + (y₂ - y₁ )²
with (x₁, y₁ ) = (6, 5) and (x₂, y₂ ) = (- 3, 1)
d = 
= 
= 
= 
≈ 9.85 ( to 2 dec. places )
Answer:
Here is the solution. Hope it helps.
