Waranty period for replacing a faulty calculator


Find solution of this question. Life of a calculator manufactured has a normal distribution with a mean of 54 months and standard deviation of 8 months. What should be the waranty period for replacing a faulty calculator if the company does not want to replace more than 2% of all calculators sold?

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Basic Statistics: Waranty period for replacing a faulty calculator
Reference No:- TGS0122328

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