How long should guarantee be for oil change service

Assignment Help Basic Statistics
Reference no: EM13122129

From long experience, it is known that the time it takes to do an oil change and lubrication job on a vehicle has a normal distribution with a mean of 17.8 minutes and a standard deviation of 5.2 minutes. An auto service shop will give a free lube and oil change service to any customer who must wait beyond the guaranteed time to complete the work. If the shop does not want to give more than 1% of its customers a free lube and oil change service, how long should the guarantee be? Round appropriately to the minute.

Reference no: EM13122129

Questions Cloud

Investment in municipal bonds income state : In 2009, Osgood Corporation purchased $4 million in ten-year municipal bonds at face value. On December 31, 2011, the bonds had a market value of $3,600,000 and Osgood reclassified the bonds from held to maturity to trading securities.
Determine the solubility of oxygen in water : 1.0 atm pressure of oxygen is 0.041g/L. The solubility of oxygen in water at 3.0 atm and 25 C is _____ g/L.
The probability that she is either rich or beautiful : the probability that she is either rich or beautiful is 0.5, what is the probability that she is both rich AND beautiful?
Information about taylor polynomials : Using substitution in one of the standard Taylor series, find the Taylor series about f for 0. Give all terms up to the term in x^3.
How long should guarantee be for oil change service : If the shop does not want to give more than 1% of its customers a free lube and oil change service, how long should the guarantee be?
Illustrate what is the total interest on richard loan : That is, during the life of the loan, interest is paid on the full amount borrowed even though a portion of the principal has been paid back. Richard borrows $8,000 for a period of four years at an add-on interest rate of 11 percent. Illustrate wh..
Details regarding polynomials : Solve the following questions involving fundamental operations on polynomials. Find p(x) + 4q(x) given p(x)=4x4 + 10x3 - 2x2 + 13 and q(x) = 2x4+ 5x2 - 3
How do you solve for the conditional probability : How do you solve for the conditional probability of a false positive for a cancer test?, An experimental test to detect a particular type of cancer indicates the presence of cancer in 90% of individuals known to have this type of cancer, and in 15..
How many milliliters of sulfuric acid are required : How many milliliters of 0.150M sulfuric acid are required to react with 8.20g of sodium bicarbonate.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability value-occurring of event

A probability value of .25 means that an event will occur:

  Computation of basic statistics

You've been recently hired as a marketing analyst in an advertising agency. You are assigned the task of assessing the impact of direct marketing promotions.

  Estimated or dear proportion of defective cups

Which is the estimated or dear proportion of defective cups in the population?

  Mean weight of dole pineapple

Scenario: Dole Pineapple, Inc., is concerned that the 16-ounce can of sliced pineapple is being overfilled. Assume the standard deviation of the process is .03 ounces.

  Determining interpretation of anova results

An occupational health study was carried out to evaluate the health status of workers. The response is forced expiratory volume (FEV), a measure of respiratory function

  Standard deviation of normal distribution

Suppose 94 percent of the items have lives exceeding 2000 h and 3.51 percent have lives exceeding 16,240 h. Find the mean and standard deviation of the service life.

  Is there evidence of difference in taste between two product

Overall, 230 people correctly guess which is the low calorie product. Is there evidence of a difference in taste between the two products?

  Probability of getting repeat customers

In a market study for Target, a researcher found that 70% of customers are repeat customers. If 14 customers are selected at random, find the probability of getting.

  Distribution of the sales representatives salaries

Explain what these terms mean in describing the distribution of the sales reps' salaries.

  Introduction to two-tailed hypothesis test

A researcher is evaluating the influence of a treatment using a sample selected from a normally distributed population with a mean of µ = 80 and a standard deviation of σ = 20. The researcher expects a 12 point treatment effect and plans to use a ..

  Probability of getting a promotion and raise

Consider that you are a line manager in your current Corporation. There is a 0.50 probability that you will be promoted this year. There is a 0.65 probability that you will get a promotion or a raise. The probability of getting a promotion and a r..

  Probability-adult weighs less than one hundred ninety pounds

Standard deviation of 10 pounds.. Find the probability, P(W

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