MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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  1. ) 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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