A mechanic sells a brand of automobile tire that has a life

Assignment Help Basic Statistics
Reference no: EM13619816

A mechanic sells a brand of automobile tire that has a life expectancy that is normally distributed, with a mean life of 34,000 miles and a standard deviation od 2400 miles. He wants to give a guarantee for free replacement of tires that don't wear weel. How should he work his guarantee if he is willing to replace approximately 10% of the tires?

Tires that wear out by _____ miles will be replaces free of charge. Round to the nearest mile as needed.

Reference no: EM13619816

Questions Cloud

Using probability how can you use probability to improve : using probability how can you use probability to improve your chances of winning at a casino. provide specific examples
Alpha stock has a beta of 123 its required return is 1175 : alpha stock has a beta of 1.23 its required return is 11.75 and the risk-free rate is4.30. what is the required rate of
A girl is riding her bicycle when she gets to a corner she : a girl is riding her bicycle. when she gets to a corner she stops to get a drink from her water bottle. at that time a
Weinstein mcdermott and roediger report that students who : weinstein mcdermott and roediger report that students who were givne questions to be answered while studying new
A mechanic sells a brand of automobile tire that has a life : a mechanic sells a brand of automobile tire that has a life expectancy that is normally distributed with a mean life of
Corporations often use different costs of capital for : corporations often use different costs of capital for different operating divisions. using an example calculate the
Find the wavelength of a particle of mass m and charge q : find the wavelength of a particle of mass m and charge q accelerated through a potential difference v for the
How much money does melinda need to deposit into her : how much money does melinda need to deposit into her investment account today if she wishes to withdraw 8000 a year for
A random sample of n25 scores is selected from a normal : a random sample of n25 scores is selected from a normal population with a mean of 20 and a treatment is administered to

Reviews

Write a Review

Basic Statistics Questions & Answers

  The following sample was obtained from a population with

the following sample was obtained from a population with unknown parameters.scores 612034.a. compute the sample mean

  Describe hyper-geometric distribution

What is the probability that two of absent students were girls.What is the probability that two of absent students were boys.

  Cnsidering that a researcher can test at the ltp 05 95 p

considering that a researcher can test at the ltp .05 95 p .01 99 or p .001 99.9 level for statistical significance

  In a recent survey ten percent of the homes in montana were

in a recent survey ten percent of the homes in montana were found to own a miley cyrus action figure. in a sample of

  Probability of the events related to environment

The rest have no opinion. " Suppose that a a sample of 100 American adults is quizzed on the subject. What is the probability of the following events?

  How to conclude that mean weight is less than nine grams

A machine is set to fill a small bottlewith 9gram of a medicine. A sample of 8 bottles revealed the following amount (g) in each bottle. At the .01 sig level, can we conclude that the mean weight is less than 9 grams?

  A bureau of national affairs survey found that 79 of

a bureau of national affairs survey found that 79 of employers provide their workers a two-day paid thanksgiving

  Evidence that production run doesn-t meet specification

Is there significant evidence that this production run doesn't meet specifications? Use a 1% level of significance.

  For the past three years an insurance company has stated

question for each of the following state the null hypothesis and the alternative hypothesis.a the publisher of

  The board of a pharmaceutical company has eleven members

the board of a pharmaceutical company has eleven members. one board member will be selected as vice president of

  An excel spreadsheet is reprinted below interpret the t-test

An Excel Spreadsheet is reprinted below. Interpret the t-test results. Are they statistically significant?

  Waiting line models and simulation

It seems that simulation could handle any situation or study. But is that always true? Discuss instances in which a simulation would be important and useful, and then a situation in which a simulation would not be appropriate.

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