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Mathematics, 02.03.2020 20:39 madim1275

The average life of a certain type of small motor is 10 years with a standard deviation of 2 years. The manufacturer replaces free all motors that fail while under guarantee. If she is willing to replace only 3% of the motors that fail, how long a guarantee should be offered? Assume that the lifetime of a motor follows a normal distribution.

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The average life of a certain type of small motor is 10 years with a standard deviation of 2 years....

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