Questions: Wristwatch Lifetimes The mean lifetime of a certain brand of wristwatch is 40 months, with a standard deviation of 4 months. If the distribution is normal, for how many months should a guarantee be made if the manufacturer does not want to exchange more than 10% of the watches? Assume the variable is normally distributed. Use The Standard Normal Distribution Table. Round the final answer to at least one decimal place and intermediate z value calculations to 2 decimal places.
The guarantee should be offered for months.
Transcript text: Wristwatch Lifetimes The mean lifetime of a certain brand of wristwatch is 40 months, with a standard deviation of 4 months. If the distribution is normal, for how many months should a guarantee be made if the manufacturer does not want to exchange more than $10 \%$ of the watches? Assume the variable is normally distributed. Use $\Theta$ The Standard Normal Distribution Table. Round the final answer to at least one decimal place and intermediate $z$ value calculations to 2 decimal places.
The guarantee should be offered for $\square$ months.
Solution
Solution Steps
To determine the number of months for the guarantee, we need to find the value of the wristwatch lifetime that corresponds to the 90th percentile of a normal distribution with a mean of 40 months and a standard deviation of 4 months. This involves finding the z-score that corresponds to the 90th percentile and then using the z-score formula to calculate the corresponding lifetime in months.
Step 1: Identify Parameters
We are given that the mean lifetime of the wristwatch is \( \mu = 40 \) months and the standard deviation is \( \sigma = 4 \) months. We need to find the guarantee period such that no more than \( 10\% \) of the watches will need to be exchanged.
Step 2: Find the Z-Score
To find the guarantee period, we first determine the z-score that corresponds to the \( 90\% \) percentile of the standard normal distribution. The z-score for the \( 90\% \) percentile is approximately \( z = 1.2816 \).
Step 3: Calculate the Guarantee Period
Using the z-score, we can calculate the guarantee period \( x \) using the formula:
\[
x = \mu + z \cdot \sigma
\]
Substituting the known values:
\[
x = 40 + 1.2816 \cdot 4
\]
Calculating this gives:
\[
x = 40 + 5.1264 = 45.1264
\]
Rounding to one decimal place, we find:
\[
x \approx 45.1
\]
Final Answer
The guarantee should be offered for \\(\boxed{45.1}\\) months.