Project Management Answers

Assuming that a Normal distribution model is reasonable for the tire wear, what is the approximate probability that a randomly drawn driver gets more than 25,000 miles of use from their tires? Use the value for the mean and standard deviation from Q8.

Q: Assuming that a Normal distribution model is reasonable for the tire wear, what is the approximate probability that a randomly drawn driver gets more than 25,000 miles of use from their tires? Use the value for the mean and standard deviation from Q8.

or

Q: What is the estimated likelihood that a randomly selected driver would have tires that have more than 25,000 miles on them, assuming that a normal distribution model makes sense for tire wear? Utilize the Q8 mean and standard deviation values.

  • 0.16
  • 0.84
  • 0.95
  • 0.5

Explanation: Thus, the approximate probability that a randomly drawn driver gets more than 25,000 miles of use from their tires is 0.84 (rounded).

Leave a Reply

Your email address will not be published. Required fields are marked *