Solution-Lifetime of a particular brand of laptop

Lifetime of a particular brand of laptop

Reference no: EM131045168

The lifetime of a particular brand of laptop follows a normal distribution with mean and standard deviation equal to 2.4 and 0.5 years, respectively. Assume this brand of laptop is guaranteed for 2 years,

a. What percentage of this brand of laptop is likely to be operating 3 years after purchase?

b. What percentage of this brand of laptop that would expect to fail during the guarantee period?

c. What guarantee period should the manufacturer of this laptop choose, if they want to ensure that no more than 10% of the laptops require replacement within the guarantee period?

d. What would be your answers in (a) through (c) if the standard deviation of the lifetime of this type of laptop were 1 year?

Reference no: EM131045168

Questions Cloud

Calculate the sample standard deviation : A sample of N=16 scores has a M=45 and SS=960. Calculate the sample standard deviation (s) and the estimated standard error (sm) for the sample mean

Shares of common stock outstanding : Venable Corporation has 750,000 shares of common stock outstanding, which are owned by 640 shareholders. The assets of Venable Corporation are valued at more than $10 million.

Largest carpet maker has just completed feasibility study : The world's largest carpet maker has just completed a feasibility study of what to do with the 16,000 tons of overruns, rejects, and remnants it produces every year. Company engineers have determined that the waste-burning plant will be environmental..

How do you minimize the company potential loss of production : How do you minimize the company's potential loss of production during the "deployment period" of the new lean program; and, more importantly how do you make sure the new program sustains itself in an ongoing continuous manner without everyone rev..

Lifetime of a particular brand of laptop : The lifetime of a particular brand of laptop follows a normal distribution with mean and standard deviation equal to 2.4 and 0.5 years, respectively. Assume this brand of laptop is guaranteed for 2 years,

What is the difference between the command df and command du : What is the difference between the command df and the command du? Provide a scenario where a system administrator would use each.

Develop most of your cost estimates : The contract on which you are bidding is the largest in your company's history and will involve about 20 sensors. Below are your historical records on installing these types of sensors.

Director and officer of deep hole oil company : Tanaka, a director and officer of Deep Hole Oil Company, telephoned Romani for the purpose of buying two hundred shares of Deep Hole Company stock owned by Romani. During the period of negotiations, Tanaka concealed his identity and did not disclo..

Both the registration statement and the prospectus : Nova, Inc., sought to sell a new issue of common stock. It registered the issue with the Securities and Exchange Commission but included false information in both the registration statement and the prospectus. The issue was underwritten by Omega &..

User Account

All Pages

Lifetime of a particular brand of laptop

Reference no: EM131045168

Reference no: EM131045168

Questions Cloud

Reviews

Write a Review

Basic Statistics Questions & Answers

Statistics-probability assignment

What is the least number

Determine the value of k

What is the probability

Binomial distributions

Caselet on mcdonald’s vs. burger king - waiting time

Generate descriptive statistics

Sampling variability and standard error

Estimate the population mean

Conduct a marketing experiment

Find out the probability

Linear programming models

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT