The average life of a motorcycle is 7 years with a standard deviation of 2 years. If the manufacturer is willing to replace only 5% of the motors that fail, for how many years can the company offer a replacement guarantee?
@skullpatrol @rational
as a start, look at the ztable and find out the "zscore" corresponding to the area of "0.05"
do you have ztable wid you ?
Yeah
look up the zscore corresponding to the area 0.05
Okay
let me know the zscore once you find it
I have no idea, I cant seem to figure this one out
look at the ztable : |dw:1432810372760:dw| whats the zscore corresponding to the area 0.0495 ?
.05
nope, it is actually "-1.65" |dw:1432810549294:dw|
-1.6 then
But thats not one of the answers. thats why I dont get it. it says 2.1 years 2.8 years 3.7 years 4.9 years
we're not done yet, use zscore formula next
\[\large -1.65 = \dfrac{x-7}{2}\] solve \(x\)
3.7. I feel so stupid now... I dont even know what I was doing wrong. Thank you so much!!
Looks good! yw
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