Probability, Basic Statistics

Assignment Help:
1) A certain brand of batteries has a lifetime that has a normal distribution with a mean of 3,800 hours and a standard deviation of 390 hours.

b) What lifetime should the manufacturer advertise for these batteries in order that only 2% of the lamps will wear out before the advertised lifetime?

Related Discussions:- Probability

General insurance accounts preparation and Regulation of inv, X Ltd had 100...

X Ltd had 100000 9% redeemable preference shares of Rs.100 each full paid. The company decided to redeem these pref. shares at par by issue of sufficient number of equity shares of

Cash flow, A business starts out with a cash balance of £1,000. It then mak...

A business starts out with a cash balance of £1,000. It then makes the following transactions: Buys inventory on credit for £500 Sells a non-current asset for £100 cash Sells goods

Econometrics , Use the data in the BWGHT.txt for this question. The variabl...

Use the data in the BWGHT.txt for this question. The variable descriptions are given in the file BWGHT_variables.txt. There are 1388 observations in this dataset. (a) Run the regre

HYPOTHESIS TESTING, The fluctuations in the stock market induce some invest...

The fluctuations in the stock market induce some investors to sell and move their money into more stable investments. To determine the degree to which recent fluctuation affected o

Simple Linear Regression, One measure of the risk or volatility of an indiv...

One measure of the risk or volatility of an individual stock is the standard deviation of the total return (capital appreciation plus dividends) over several periods of time. Altho

Evaluate the strategic value of the proposed organisation, 1) Working in yo...

1) Working in your groups analyse the organisation of information that the Facebook social networking site potentially uses. 2) Suggest the organisation of information and data

Holding period return, Holding period return: Holding period return is the ...

Holding period return: Holding period return is the return earned by the virtue of holding an asset over a given period. The return is equal to the income and other gains earned fr

Statistis, Mention the characteristics of Statistics. Explain any two appli...

Mention the characteristics of Statistics. Explain any two applications of Statistics.

Aggregate expenditure method, Problem Construct a consumer price index ...

Problem Construct a consumer price index for the information given by using  (i) Aggregate expenditure method, (ii) Family budget method. Commodities

Regression, Sales from a leading motor dealership were monitored over the p...

Sales from a leading motor dealership were monitored over the past four years. The sales figures are presented in the accompanying table. Year Quarter 1 Quarter 2 Quarter 3 Quarter

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd