Mathematics, 16.04.2020 02:59 IsabellaGracie
Quick Start Company makes 12-volt car batteries. After many years of product testing, the company knows that the average life of a Quick Start battery is normally distributed, with a mean of 43.8 months and a standard deviation of 6.5 months.
(a) If Quick Start guarantees a full refund on any battery that fails within the 36-month period after purchase, what percentage of its batteries will the company expect to replace?
(b) If quick Start does not want to make refunds for more than 10% of its batteries under the full refund guarantee policy, for how long should the company guarantee the batteries (to the nearest month)?
Answers: 1
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Quick Start Company makes 12-volt car batteries. After many years of product testing, the company kn...
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