The mean number of miles driven per vehicle annually in the United States is 12,494 miles. Choose a randomly selected vehicle, and assume the annual mileage is normally distributed with a standard deviation of 1290 miles. Would you buy a vehicle if you had been told that it had been driven less than 6000 miles in the past year

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Answer:

It is not advisable to buy the vehicle.        

Step-by-step explanation:

We are given the following information in the question:

Mean, μ = 12,494 miles

Standard Deviation, σ = 1290 miles

We are given that the distribution of 1290 miles is a bell shaped distribution that is a normal distribution.

Formula:

[tex]z_{score} = \displaystyle\frac{x-\mu}{\sigma}[/tex]

P(driven less than 6000 miles in the past year)

[tex]P( x < 6000) = P( z < \displaystyle\frac{6000 - 12494}{1290}) = P(z < -5.0341)[/tex]

Calculation the value from standard normal z table, we have,  

[tex]P(x < 6000) = 0[/tex]

Thus, we cannot find a vehicle that it had been driven less than 6000 miles in the past year. It is not advisable to buy the vehicle.

No, you do not have to buy a vehicle if you had been told that it had been driven less than 6000 miles in the past year and this can be determined by using the formula of z-score.

Given :

  • The mean is 12,494 miles.
  • The standard deviation of 1290 miles.

The following steps can be used in order to determine whether you have to buy a vehicle or not:

Step 1 - The formula of z-score can be used in order to determine whether you have to buy a vehicle or not.

Step 2 - The z-score formula is given below:

[tex]\rm z = \dfrac{x-\mu}{\sigma}[/tex]

Step 3 - Substitute the known terms in the above expression.

[tex]\rm z = \dfrac{6000-12494}{1290}=-5.0341[/tex]

Step 4 - Now, the p-value is given below:

[tex]\rm P(x < 6000)=P(z<-5.0341)[/tex]

Step 5 - Now, using the z table the value of P is:

P(x < 6000) = 0

No, you do not have to buy a vehicle if you had been told that it had been driven less than 6000 miles in the past year.

For more information, refer to the link given below:

https://brainly.com/question/13299273