MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- ) A brand of cars has a
normal distribution for the lifetime of lasting time of cars. The average lifetime is 16 years with a standard deviation of 2 years.
- If you bought one such car today, what is the chance that your car will only last for up to 14 years?
- If your friend had a car of this brand for 14 years already, what is the chance that he (she) has to buy a new car in seven years?
- If a company bought 7 such cars, what is the
probability that exactly two of them will last between 12 and 20 years?
- If the manufacturer want to offer a warrantee that is as attractive as possible and at the same time they don’t want to refund more than 0.5% of customers, how long the warranty should be?
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