Good approximation for the standard deviation


Suppose that the average life of a refrigerator before replacement is m = 14 years with a (99.7% of data) range from 8 to 20 years. Let x = age at which a refrigerator is replaced. Assume that x has a distribution that is approximately normal. Find a good approximation for the standard deviation of x values

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Good approximation for the standard deviation
Reference No:- TGS0744188

Expected delivery within 24 Hours