13. The average life of a certain type of small motor is 10 years with a standard deviation of 2 years. The manufacturer replaces free all motors that fail while under guarantee. If he is willing to...


13.<br>The average life of a certain type of small motor is 10 years with a standard deviation of 2 years. The<br>manufacturer replaces free all motors that fail while under guarantee. If he is willing to replace only 5%<br>of the motors that fail, how long a guarantee should he offer? Assume that the lifetime of a motor follows<br>a normal distribution.<br>

Extracted text: 13. The average life of a certain type of small motor is 10 years with a standard deviation of 2 years. The manufacturer replaces free all motors that fail while under guarantee. If he is willing to replace only 5% of the motors that fail, how long a guarantee should he offer? Assume that the lifetime of a motor follows a normal distribution.

Jun 09, 2022
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