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The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are

The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
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The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are normally distributed with a mean of 4.1 years and a standard deviation of 0.5 years. He then randomly selects records on 48 laptops sold in the past and finds that the mean replacement time is 3.9 years. Assuming that the laptop replacement times have a mean of 4.1 years and a standard deviation of 0.5 years, find the probability that 48 randomly selected laptops will have a mean replacement time of 3.9 years or less. Based on the result above, does it appear that the computer store has been given laptops of lower than average quality? O Yes. The probability of obtaining this data is less than 5%, so it is unlikely to have occurred by chance alone. No. The probability of obtaining this data is greater than 5%, high enough to have been a chance occurrence.
Transcribed Image Text:The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are normally distributed with a mean of 4.1 years and a standard deviation of 0.5 years. He then randomly selects records on 48 laptops sold in the past and finds that the mean replacement time is 3.9 years. Assuming that the laptop replacement times have a mean of 4.1 years and a standard deviation of 0.5 years, find the probability that 48 randomly selected laptops will have a mean replacement time of 3.9 years or less. Based on the result above, does it appear that the computer store has been given laptops of lower than average quality? O Yes. The probability of obtaining this data is less than 5%, so it is unlikely to have occurred by chance alone. No. The probability of obtaining this data is greater than 5%, high enough to have been a chance occurrence.
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