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Mathematics, 09.06.2020 16:57 coolkitty35
Quick Start Company makes a 12-volt car batteries. After many years of product testing, the company knows the average life of a Quick Start battery is normally distributed, with mean=45 months and a std. deviation = 8 months.
If Quick start guarantees a full refund on any battery that fails within the 36 month period after purchase, what percentage of its batteries will the company expect to replace?
If quick Start does not want to make refunds for more than 10% ofits batteries under the full refund guarantee policy, for how longshould the company guarantee the batteries (to the nearest month)
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