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 and has a mean of 39 months and a standard deviation of 5 months. Using the 68-95-99.7 rule, what is the approximate percentage of cars that remain in service between 24 and 34 months
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Answer:
Here we have that
μ
=
63
and,
σ
=
9
So, we can determine that 95% of the data lies in the given interval
{eq}63 \pm.
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