A company that produces an expensive stereo component is

Reference no: EM13603204

A company that produces an expensive stereo component is considering offering a warranty on the component. Suppose the population of life-times of the components is a normal distribution with a mean of 84 months and a standard deviation of 7 months .

If the company wants no more than 2% of the components to wear out before they reach the warranty date , what number of months should be used for warranty?

Reference no: EM13603204

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