A manufacturer knows that its items have a normally distributed lifespan, with a mean of 6.3 years

Fantastic news! We've Found the answer you've been seeking!

Question:

A manufacturer knows that its items have a normally distributed lifespan, with a mean of 6.3 years and a standard deviation of 1.1 years. If you randomly purchase one item, what is the probability it will last longer than 7 years?

Related Book For answer-question

Essentials of Business Statistics

ISBN: 978-0078020537

5th edition

Authors: Bruce Bowerman, Richard Connell, Emily Murphree, Burdeane Or

See More Books

Posted Date: Aug 12, 2020 08:30 AM

See More Questions

If you select two envelopes, what is the probability that you will receive a sample mean grand prize of at least 50 thousand dollars?
If you purchased a 2012 Toyota, what is the probability that the new car will have a. Zero problems? b. Two or fewer problems? c. Compare your answers in (a) and (b) to those for the 2012 Ford in...
If you purchased a 2011 Toyota, what is the probability that the new car will have a. Zero problems? b. Two or fewer problems? c. Compare your answers in (a) and (b) to those for the 2012 Toyota in...
The engines of most rockets produce a constant thrust (forward force). However, when a rocket is fired, its acceleration increases with time as the engine continues to operate. Is this situation a...
Critique the safety of each of the following passwords, giving your specific reasoning. a) Swordfish b) Lt6^ c) Processing1 d) Nitt4aGm^?
A simply supported beam ABC is loaded by a vertical load P acting at the end of a bracket BDE (see figure). Draw the shear-force and bending-moment diagrams for beam ABC. IeI 2 4 4
Researchers continue to find evidence that brains of adolescents behave quite differently than either brains of adults or brains of children. In particular, adolescents seem to hold on more strongly...
Manufacturing cost flow for one-year period Burnside Manufacturing started 2011 with the following account balances. Transactions during 2011 1. Purchased $750 of raw materials with cash. 2....
What is the yield to maturity of a corporate bond that has a coupon rate of 5%, a face value of $1,000, a present value of $574.32, and a time to maturity of 20 years?
Create a star schema for this case study. How did you handle the time dimension? Fitchwood Insurance Company, which is primarily involved in the sale of annuity products, would like to design a data...
In Bangladesh almost 70% people use railway system as common transport. Among them majority of the train commuters have to endure undesirable difficulties in collecting ticket as the existing railway...
Find the derivative of the given function. Simplify the derivative. y =6x6 (5-8x)4 dy dx II
Using the Model of the Cultural Process , can you describe for me: 1. Exactly what cultural meanings do these smart speakers hold? 2. How did smart speakers gain their cultural meanings? Please be...
PLEASE PROVIDE WORKING C# Code with output if you answer. Design an archive system to store novels. A novel can have many pages. Within a page, there can be several columns and frames. A column can...
Target Consumer in China for Aritzia Company based on following: Using geographic, demographic, psychographic, and behavioral analyses paint a complete picture of target consumer . Required not list...
Advertising Examine the following ad and answer the questions below: https://www.youtube.com/watch?v=mls_7WXZHP4 ( SYNERGY Raw Kombucha - Begin Within GT's Living Foods) 1. What is the key message?...
Determine the orbital velocity if you wanted to launch something to orbit the moon: Mass of moon = 7.36 x 10^22 kg Radius of Moon = 1.74 x 10^6 m Group of answer choices 4.23 m/s 21,000 m/s 1680 m/s...
Why are stocks usually more risky than bonds?
In an article in the Journal of Advertising, Weinberger and Spotts compare the use of humor in television ads in the United States and the United Kingdom. They found that a substantially greater...
Recall from Exercise 4.3 (page 158) that two randomly selected customers are each asked to take a blind taste test and then to state which of three diet colas ( marked as A, B, or C) he or she...
The service time case a. Use the explained variation and the unexplained variation as given on the computer output to calculate (within rounding) the F(model) statistic. b. Utilize the F(model)...
Name some characteristics that allow you to observe light diffraction.
Planar waves from a monochromatic light source are normally incident on a circular obstacle, which casts a shadow on a screen positioned behind the obstacle. What do the wave properties of light...
Which wavelength of electromagnetic radiation do you expect to be diffracted by a window screen? What is the frequency of this radiation?

A manufacturer knows that its items have a normally distributed lifespan, with a mean of 6.3 years

Question:

Expert Answer:

Essentials of Business Statistics

Students also viewed these mathematics questions