61%9:15 PM Q STAT WA 7.3 Hmwk - Area X G hemoglobin - GoX + G somnelance - G X porp https://www.webassign.net/web/Student/Assig 0 Z Need Help? Read It Talk to a Tutor Viewing Saved Work Revert to Last Response 6. 0/1 points Previous Answers BBBasicStat8 7.3.031. My Notes Ask Your Teacher Suppose, household color TVs are replaced at an average age of u 8.4 years after purchase, and the (95% of data) range was from 4.4 to 12.4 years. Thus, the range was 12.4 4.4 8.0 years. Let x be the age (in years) at which a color TV is replaced. Assume that x has a distribution that is approximately normal (a) The empirical rule indicates that for a symmetric and bell-shaped distribution, approximately 95% of the data lies within two standard deviations of the mean. Therefore, a 95% range of data values extending from u 20 to u used for "commonly occurring" data values. Note that the interval from u - 20 to l20 is 40 in length. This leads to a "rule of thumb" for estimating the standard deviation from a 95% range of data values. 20 is often Estimating the standard deviation For a symmetric, bell-shaped distribution, high value low value range standard deviation 4 4 where it is estimated that about 95% of the commonly occurring data values fall into this range Use this "rule of thumb" to approximate the standard deviation of x values, where x is the age (in years) at which a color TV is replaced. (Round your answer to one decimal place.) yrs (b) What is the probability that someone will keep a color TV more than 5 years before replacement? (Round your answer to four decimal places.) .9992 (c) What is the probability that someone will keep a color TV fewer than 10 years before replacement? (Round your answer to four decimal places.) 8413 (d) Assume that the average life of a color TV is 8.4 years with a standard deviation of 2.0 years before it breaks. Suppose that a company guarantees color TVs and will replace a TV that breaks while under guarantee with a new one. However, the company does not want to replace more than 6% of the TVs under guarantee. For how long should the guarantee be made (rounded to the nearest tenth of a year)? yrs 6.9 Need Help? Read It Talk to a Tutor Viewing Saved Work Revert to Last Response

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ISBN:9781285463247
Author:David Poole
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61%9:15 PM
Q STAT WA 7.3 Hmwk - Area X
G hemoglobin - GoX
+
G somnelance - G X
porp
https://www.webassign.net/web/Student/Assig
0
Z
Need Help?
Read It
Talk to a Tutor
Viewing Saved Work Revert to Last Response
6.
0/1 points Previous Answers BBBasicStat8 7.3.031.
My Notes
Ask Your Teacher
Suppose, household color TVs are replaced at an average age of u 8.4 years after
purchase, and the (95% of data) range was from 4.4 to 12.4 years. Thus, the range
was 12.4 4.4 8.0 years. Let x be the age (in years) at which a color TV is replaced.
Assume that x has a distribution that is approximately normal
(a) The empirical rule indicates that for a symmetric and bell-shaped distribution,
approximately 95% of the data lies within two standard deviations of the mean.
Therefore, a 95% range of data values extending from u 20 to u
used for "commonly occurring" data values. Note that the interval from u - 20 to
l20 is 40 in length. This leads to a "rule of thumb" for estimating the standard
deviation from a 95% range of data values.
20 is often
Estimating the standard deviation
For a symmetric, bell-shaped distribution,
high value low value
range
standard deviation
4
4
where it is estimated that about 95% of the commonly occurring data values
fall into this range
Use this "rule of thumb" to approximate the standard deviation of x values, where
x is the age (in years) at which a color TV is replaced. (Round your answer to one
decimal place.)
yrs
(b) What is the probability that someone will keep a color TV more than 5 years
before replacement? (Round your answer to four decimal places.)
.9992
(c) What is the probability that someone will keep a color TV fewer than 10 years
before replacement? (Round your answer to four decimal places.)
8413
(d) Assume that the average life of a color TV is 8.4 years with a standard
deviation of 2.0 years before it breaks. Suppose that a company guarantees
color TVs and will replace a TV that breaks while under guarantee with a new
one. However, the company does not want to replace more than 6% of the TVs
under guarantee. For how long should the guarantee be made (rounded to the
nearest tenth of a year)?
yrs
6.9
Need Help?
Read It
Talk to a Tutor
Viewing Saved Work Revert to Last Response
Transcribed Image Text:61%9:15 PM Q STAT WA 7.3 Hmwk - Area X G hemoglobin - GoX + G somnelance - G X porp https://www.webassign.net/web/Student/Assig 0 Z Need Help? Read It Talk to a Tutor Viewing Saved Work Revert to Last Response 6. 0/1 points Previous Answers BBBasicStat8 7.3.031. My Notes Ask Your Teacher Suppose, household color TVs are replaced at an average age of u 8.4 years after purchase, and the (95% of data) range was from 4.4 to 12.4 years. Thus, the range was 12.4 4.4 8.0 years. Let x be the age (in years) at which a color TV is replaced. Assume that x has a distribution that is approximately normal (a) The empirical rule indicates that for a symmetric and bell-shaped distribution, approximately 95% of the data lies within two standard deviations of the mean. Therefore, a 95% range of data values extending from u 20 to u used for "commonly occurring" data values. Note that the interval from u - 20 to l20 is 40 in length. This leads to a "rule of thumb" for estimating the standard deviation from a 95% range of data values. 20 is often Estimating the standard deviation For a symmetric, bell-shaped distribution, high value low value range standard deviation 4 4 where it is estimated that about 95% of the commonly occurring data values fall into this range Use this "rule of thumb" to approximate the standard deviation of x values, where x is the age (in years) at which a color TV is replaced. (Round your answer to one decimal place.) yrs (b) What is the probability that someone will keep a color TV more than 5 years before replacement? (Round your answer to four decimal places.) .9992 (c) What is the probability that someone will keep a color TV fewer than 10 years before replacement? (Round your answer to four decimal places.) 8413 (d) Assume that the average life of a color TV is 8.4 years with a standard deviation of 2.0 years before it breaks. Suppose that a company guarantees color TVs and will replace a TV that breaks while under guarantee with a new one. However, the company does not want to replace more than 6% of the TVs under guarantee. For how long should the guarantee be made (rounded to the nearest tenth of a year)? yrs 6.9 Need Help? Read It Talk to a Tutor Viewing Saved Work Revert to Last Response
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