Used Cars A used-car dealership has found that the length of time before a major repair is required on the cars it sells is normally distributed with a mean equal to 10 months and a standard deviation...



Used Cars
A used-car dealership has found that the length of time before a major repair is required on the cars it sells is normally distributed with a mean equal to 10 months and a standard deviation of 3 months. If the dealer wants only 5% of the cars to fail before the end of the guarantee period, for how many months should the cars be guaranteed?



May 26, 2022
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