What percentage of flashlights sold

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Reference no: EM13225553

The Readylite Company produces a flashlight in which product managers are trying to decide how long a warranty to issue. If the managers believe the life of the flashlight follows a normal distribution with a mean of two years and a standard deviation of six months:

a. What percentage of flashlights sold can they anticipate will be returned within the first two years?

b. What percentage of flashlights sold can they anticipate will be returned within the first three years?

c. What percentage of flashlights sold can they anticipate will be returned within the first two and one half years?

 

Reference no: EM13225553

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