A company that produces an expensive stereo component is considering offering a warranty on the component. Suppose the p

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A company that produces an expensive stereo component is considering offering a warranty on the component. Suppose the p

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A Company That Produces An Expensive Stereo Component Is Considering Offering A Warranty On The Component Suppose The P 1
A Company That Produces An Expensive Stereo Component Is Considering Offering A Warranty On The Component Suppose The P 1 (10.08 KiB) Viewed 13 times
A company that produces an expensive stereo component is considering offering a warranty on the component. Suppose the population of lifetimes of the components is a normal distribution with a mean of 83 months and a standard deviation of 6 months. If the company wants only 2% of the components to wear out before they reach the warranty date, what number of months should be used for the warranty? (Round your answer to the closest whole number.) months
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