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company xyz know that replacement times for the quartz time pieces it p…

Question

company xyz know that replacement times for the quartz time pieces it produces are normally distributed with a mean of 14.3 years and a standard deviation of 1.6 years.
find the probability that a randomly selected quartz time piece will have a replacement time less than 9.2 years.
$p(x < 9.2\text{ years}) = \square$
enter your answer accurate to 4 decimal places. answers obtained using exact z - scores or z - scores rounded to 3 decimal places are accepted.

Explanation:

Step1: Calculate the z - score

The formula for the z - score is \(z=\frac{x-\mu}{\sigma}\), where \(x = 9.2\), \(\mu=14.3\), and \(\sigma = 1.6\).

$$z=\frac{9.2 - 14.3}{1.6}=\frac{- 5.1}{1.6}=-3.1875$$

Step2: Find the probability using the standard normal distribution

We want to find \(P(X\lt9.2)\), which is equivalent to \(P(Z\lt - 3.1875)\).
Using a standard normal table (or a calculator with a normal - distribution function, e.g., in Excel: NORM.S.DIST(-3.1875, TRUE)), we get the probability.

Answer:

\(0.0007\)