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The manufacturer of a laser printer reports the mean number of pages a cartridge will print before it needs replacing is 10,300. The distribution of pages printed per cartridge closely follows the normal probability distribution and the standard deviation is 580 pages. The manufacturer wants to provide guidelines to potential customers as to how long they can expect a cartridge to last. Refer to the table in Appendix B.1.
How many pages should the manufacturer advertise for each cartridge if it wants to be correct 95 percent of the time? (Round z-value to 2 decimal places and the final answer to the nearest whole number.)
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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