Business, 12.08.2019 23:30, issaaamiaaa15
In establishing warranties on hdtv sets, the manufacturer wants to set the limits so that few will need repair at the manufacturerâs expense. on the other hand, the warranty period must be long enough to make the purchase attractive to the buyer. for a new lcd hdtv, the mean number of months until repairs are needed is 36.84 with a standard deviation of 3.34 months. where should the warranty limits be set so that only 10% of the lcd hdtvs need repairs at the manufacturerâs expense? (round z-score computation to 2 decimal places. round your final answers to 2 decimal places.)
Answers: 2
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In establishing warranties on hdtv sets, the manufacturer wants to set the limits so that few will n...
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