Mathematics, 09.07.2019 05:30 heyyyyy39
6. you are the manufacturer of chain saws and are prepared to replace free all saws that fail while under guarantee. if you are willing to replace only 3% of the saws that fail, how long a guarantee should you offer? assume that you know that the lives of the saws follow a normal distribution with an average of 12 years and a standard deviation of 2 years.
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6. you are the manufacturer of chain saws and are prepared to replace free all saws that fail while...
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