Mean and standard deviation


A manufacturing plant employs light bulbs whose life spans are normally distributed, with mean and standard deviation equal to 500 and 60 hours, respectively. In order to minimize the number of bulbs that burn out during operating hours, all the bulbs are replaced after a given period of operation. How often should the bulbs be replaced if we wish no more than 1% of the bulbs to burn out between replacement periods? (Round your answer to one decimal place.)

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Basic Statistics: Mean and standard deviation
Reference No:- TGS0872345

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