Suppose that the time that owners keep their cars purchased, Operation Management

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Suppose that the time that owners keep their cars purchased

Suppose that the time that owners keep their cars (purchased new) is normally distributed with a mean of 7 years and a standard deviation of 2 years. We are interested in how long an individual keeps his car (purchased new). Our population is people who buy their cars new.

60% of individuals keep their cars at most how many years?

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Operation Management: Suppose that the time that owners keep their cars purchased

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Operation Management: Suppose that the time that owners keep their cars purchased

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