Quick Start Company makes 12-volt car batteries. After many years of product testing, the company knows that
Question:
(a) If Quick Start guarantees a full refund on any battery that fails within the 36-month period after purchase, what percentage of its batteries will the company expect to replace?
(b) If Quick Start does not want to make refunds for more than 10% of its batteries under the full-refund guarantee policy, for how long should the company guarantee the batteries (to the nearest month)?
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Lifetime x is normally distributed with 45 and 8 months a The compan...View the full answer
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Related Book For 
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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