maths, statistics

posted by eimear

The yearly mileage accumulated by an automobile in a large car rental company’s fleet is normal with mean 18000 kilometres and standard deviation 1700 miles. At the end of the year the company sells 80% of its cars, keeping the 20% with the lowest mileage. Do you think a car whose year-end mileage is 17400 k.m. is likely to be kept?

  1. Steve

    This is just Z table stuff. You can play around with the values at

    http://davidmlane.com/hyperstat/z_table.html

  2. PsyDAG

    Another method.

    Z = (score-mean)/SD = (17400-18000)/1700 = ?

    Look in the back of your statistics textbook for a table called something like “area under normal distribution” to find the proportion/probability related to the Z score.

Respond to this Question

First Name

Your Answer

Similar Questions

  1. MTH233/statistics UOP

    A car company says that the mean gas mileage for its luxury sedan is at least 21 miles per gallon. You believe the claim is incorrect and find that a random sample of five cars has a mean gas mileage of 19 miles per gallon and a standard …
  2. stats

    A company with a large fleet of cars hopes to keep gasoline costs down and sets a goal of attaining a fleet average of at least 26 miles per gallon. To see if the goal is being met they check the gasoline usage for 50 company trips …
  3. statistics

    In this question, use Excel functions rather than Normal distribution tables. The number of new cars sold by "Ma's New Car Factory" in a financial year can be approximated by a normal distribution with a mean of 125,000 cars and a …
  4. math

    A company has a policy of retiring company cars; this policy looks at number of miles driven, purpose of trips, style of car and other features. The distribution of the number of months in service for the fleet of cars is bell-shaped …
  5. math

    A company has a policy of retiring company cars; this policy looks at number of miles driven, purpose of trips, style of car and other features. The distribution of the number of months in service for the fleet of cars is bell-shaped …
  6. math

    A company has a policy of retiring company cars; this policy looks at number of miles driven, purpose of trips, style of car and other features. The distribution of the number of months in service for the fleet of cars is bell-shaped …
  7. math

    A company has a policy of retiring company cars; this policy looks at number of miles driven, purpose of trips, style of car and other features. The distribution of the number of months in service for the fleet of cars is bell-shaped …
  8. math

    A company has a policy of retiring company cars; this policy looks at number of miles driven, purpose of trips, style of car and other features. The distribution of the number of months in service for the fleet of cars is bell-shaped …
  9. mekele university

    the lytton rubber company wishes set a minimum mileage guarantee on its new Mx 100 tire. Tests reveal the mean mileage is 67,900 with the standard deviation of 2,050 miles and that the deviation follows normal distribution. They want …
  10. math

    A company has a policy of retiring company cars; this policy looks at number of miles driven, purpose of trips, style of car and other features. The distribution of the number of months in service for the fleet of cars is bell-shaped …

More Similar Questions