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Replacement Times for TV Sets Are Normally Distributed with a Mean

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Replacement times for TV sets are normally distributed with a mean of 8.2 years and a standard deviation of 1.1 years, (based on data from "Getting Things Fixed, "Consumer Reports) . (i) The replacement time that separated the top 20% from the bottom 80% is 9.124 years.
(ii. The probability that a randomly selected TV will be replaced after more than 10.0 years is 0.0505.


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