The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are normally distributed with a mean of 3.6 years and a standard deviation of 0.4 years. He then randomly selects records on 29 laptops sold in the past and finds that the mean replacement time is 3.4 years.

Assuming that the laptop replacement times have a mean of 3.6 years and a standard deviation of 0.4 years, find the probability that 29 randomly selected laptops will have a mean replacement time of 3.4 years or less. P (¯¯¯ X? 3.4 years) = Round to 4 decimal places.

Answers obtained using exact z-scores or z-scores rounded to 2 decimal places are accepted. Based on the result above, does it appear that the computer store has been given laptops of lower than average quality?

Yes. The probability of obtaining this data is less than 5%, so it is unlikely to have occurred by chance alone.

No. The probability of obtaining this data is greater than 5%, high enough to have been a chance occurrence.

Answer rating: 100% (QA)

Let x be a random variable which denotes the replaceme... View the full answer