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Standard Used Car Prices Are Based on the Assumption That

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Standard used car prices are based on the assumption that a car will be driven an average of 12,000 miles per year. If the standard deviation is 2000 miles, approximately what percent of cars will be driven between 8000 and 16,000 miles per year?

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Definitions:

Slip Spline

A mechanical feature allowing axial movement between shaft sections, facilitating changes in length during operation.

Driveshaft Assembly

A mechanical component used to transmit torque from the vehicle's engine to its wheels.

Chassis

The base frame of a vehicle to which various components are attached.

Center Support Bearing

A hanger bearing used to suspend the first section of a driveshaft in a double driveshaft assembly. It is required on truck driveshafts when the distance between the transmission and drive carrier exceeds 70 inches (178 cm) and consists of a rolling bearing element supported by a rubber insulator and bracket. Also known as hanger bearing.

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