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having some problems figuring out this;
A used car dealership has found that the length of time before a major repair is required on the cars it sells is normally distributed with a mean equal to 10 months and a standard deviation of 3 months. If the dealer only wants 5% of the cars to fail before the end of the guarantee period, for how many months should the cars be guaranteed?
Any help would be greatly appreciated.
Hi guys, I am very new to statistics and it is my hope that I can learn togrther with you guys.
Cheers
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