Solution) If the average price of a new home is $279,654, find the maximum and minimum price of the houses a c
Question: The operating life of a Sports Master fishing reel is normally distributed with mean 32 months and standard deviation of 6 months. The manufacturer will replace any Sports Master reel that malfunctions during the guarantee period.
a.) If the guarantee period is 24 months, what fraction/percentage of the reels will Sports Master have to replace?
b.) How long should the guarantee run if the manufacturer does not want to replace more than 2.8 % of the reels?
Price: $2.99
Solution: The solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
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