The mean life of a certain type of motor is 10 years with a standard deviation of 2 years. Assume that the useful life of an engine follows a normal distribution. The manufacturer replaces all motors that fail free of charge while under warranty. If the company is willing to replace only 3% of the motors that fail, how long should a warranty be?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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The mean life of a certain type of motor is 10 years with a standard deviation of 2 years.
Assume that the useful life of an engine follows a normal distribution. The manufacturer
replaces all motors that fail free of charge while under warranty. If the company is willing to
replace only 3% of the motors that fail, how long should a warranty be?

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