What percentage of the product sold


The lifetime of a particular product made by a company is Normally distributed with a mean of 4 years and a standard deviation of 1.6 years. The company offers a warranty of 1 year for the product. What percentage of the product sold by the company will need warranty service (that is, it will last less than 1 year)?

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Basic Statistics: What percentage of the product sold
Reference No:- TGS0114749

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