User Account

All Pages

The lifespan of an electrical component is assumed to be

Assignment Help Basic Statistics
Reference no: EM13638368

The lifespan of an electrical component is assumed to be normally distributed with an average life of 6 years and a standard deviation of 1 year. The electrical component manufacturer wants to offer their customers a product-replacement guarantee, but hopes to replace at most only 1.5% of the components that fail. How long of a guarantee should the manufacturer offer to buyers of this part? Assume that the lives of the electrical components follow a normal probability distribution.

Reference no: EM13638368

Questions Cloud

Based on these data the company can conclude that there is : the cranston hardware company is interested in estimating the difference in the mean purchase for men customers versus
A factory produces 1400 beams a day which are on average 25 : a factory produces 1400 beams a day which are on average 2.5 defective. find the probability out of 70 beams inspected
Bob a manufacturing plant manager is inspecting the : bob a manufacturing plant manager is inspecting the diameters of ball bearings produced by a suspected malfunctioning
Bob a manufacturing plant manager is inspecting the : bob a manufacturing plant manager is inspecting the diameters of ball bearings produced by a suspected malfunctioning
The lifespan of an electrical component is assumed to be : the lifespan of an electrical component is assumed to be normally distributed with an average life of 6 years and a
What is the expectation of the random variable w xy4 what : suppose that two random variables x and y have a joint density function given by fxy and by checking we find that fxy
If x is a poisson distributed random variable with a mean : 1 if x is a poisson distributed random variable with a mean of 3 and y is another poisson distributed random variable
In a sequence of 10 independent bernoulli trials where the : 1 in a sequence of 10 independent bernoulli trials where the probability of success is .4 what is the expected number
Calculate the mean variance and standard deviation of the : the national sporting goods association nsga conducted a survey of the ages of individuals that purchased skateboarding

Reviews

Write a Review

Basic Statistics Questions & Answers

  If a wildlife service wishes to estimate the mean number of

if a wildlife service wishes to estimate the mean number of days of hunting per hunter for all hunters licensed in the

  When the data have the properties of ordinal data and the

q1. which of the following is an example of quantitative data? the players number on a baseball uniform the serial

  Statistics and death penalty

In November 2009, 65% (0.65) of Americans favored the death penalty for a person convicted of murder. In November 2010, 1025 adult Americans were asked by the Gallup organization,

  Health service managers say that doctors should not spend

health service managers say that doctors should not spend more than 2 hours a day doing paperwork. a sample of 40

  Statistical terms in managerial finance

Briefly describe: a statistical relation, time series, cross section, least squares, See, r, R-squared, t-value, multicollinearity and serial correlation.

  Concept of law of averages

if you sample 100 people and 20 turn out to be over 65 inches tall, you get $20. Which is better: a sample of size 100 or a sample of size 1,000? Choose one and explain. Does the law of averages relate to the answer you give?

  At the exit the pressure and velocity are 1800 kpa and 619

steam enters an adiabatic nozzle at 4000 kpa 440 degrees celsius with a velocity of 75 ms. at the exit the pressure and

  Blair is almost sure that his monthly costs for the past

write a hypothesis for the following statementsa. the health department is charged with finding out if the rate

  The business school dean wants to determine if the future

question five thousand randomly-selected mba graduates were surveyed to determine their future plans. the survey

  In their october 2003 issue consumer reports evaluated the

in their october 2003 issue consumer reports evaluated the price and performance of 23 models of cordless phones.

  Compute the total expected number of tests necessary

Assume the probability that a person has the desease is 0.08 for all people, independently of each other. Compute the total expected number of tests necessary.

  Critical value and testing for two independent samples

Determine the rejection region for the hypothesis  Ho  : mean D= 0 if  H a : mean  D  > 0. Use a = 0.01. z>

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd