The ages of an airline’s aircraft are normally distributed with mean 8.5 years and standard deviatio
Question: The ages of an airline’s aircraft are normally distributed with mean 8.5 years and standard deviation 2.5 years. Suppose \[X\] denotes the age of one of the aircraft in this airline’s fleet. Find the following probabilities.
a) \[P\left( 5.75\le X\le 13.0 \right)\]
b) \[P(X\ge 4.75)\]
c) \[P\left( X\le 11.25 \right)\]
d) The airline considers an airplane old if its age is in the top 5% of the fleet. How old must, at minimum, a plane be to be considered old.
e) The airline considers an airplane new if its age is in the bottom 5% of the fleet. What is the maximum age of a new airplane?
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Answer: The solution file consists of 2 pages
Deliverable: Word Document
Deliverable: Word Document
