How many of the components must be in stock


A certain component is critical to the operation of a construction machine and must be replaced immediately upon failure. If the mean lifetime of this type of component is 100 hours and its standard deviation is 30 hours, how many of the components must be in stock so that the probability that the construction machine is in continuous operation for the next 5000 hours is at least 0.95?

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Basic Statistics: How many of the components must be in stock
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