A tire company finds the lifespan for one brand of its tires is normally distributed with a mean of 48,400 miles and a standard deviation of 5000 miles. If the manufacturer is willing to replace no more than 10% of the tires, what should be the approximate number of miles for a warranty?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A tire company finds the lifespan for one brand of its tires is normally distributed with a mean of 48,400 miles and a standard deviation ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Grandin Inc. is evaluating its dividend policy. It has a capital budget of $625,000, and it wants to maintain a target capital structure of 60% debt and 40% equity. The company forecasts a net income of $475,000.
Answers (1)
If net investment is zero, then Group of answer choices 1. gross investment is greater than depreciation. 2. gross investment equals depreciation. 3. gross investment is less than depreciation. 4. depreciation is zero.
Answers (1)
Two young business school graduates, Laverne and Shirley, form a consulting firm. In deciding between the partnership and corporation form of organization, they are especially concerned about personal liability for giving bad advice to their clients;
Answers (1)
A cell phone company offers two different plans. Plan A costs $96 per month for unlimited talk and text. Plan B costs $0.20 per minute plus $0.10 per text message sent. You need to purchase a plan for your 14-year-old sister.
Answers (1)
Presented below is selected financial information for Cullumber Company for December 31, 2022. Inventory $ 25,000 Cash paid to purchase equipment $ 11,000 Cash paid to suppliers 103,600 Equipment 37,000 Buildings 199,000 Service revenue 101,300
Answers (1)
New Questions in Business
Nareen is single, 68 years old, and reports the following in 2018: a. $12,000 alimony received (divorced in 2010) b. $82,520 Schedule C profit c. $3,500 SEP (self-employed pension) plan contribution d. $7,150 qualified dividends e.
Answers (1)
Sun Inc. has 5,000 shares of 6%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2007. What is the annual dividend on the preferred stock? a. $60 per shareb. $30,000 in totalc.
Answers (1)
a risk averse investor, which of the following four otherwise identical investment would you prefer? A. Security W, which exhibits a standard deviation of 2% and offers an average return of 12%. B.
Answers (1)
n a company's merit pay program, an individual's compa-ratio represents the individual's pay relative to company's average pay for that position. the individual's worth versus that of others in the organization.
Answers (1)
Some interview questions are designed to rattle you to see how you deal with stress. True or false.
Answers (2)