Suppose that the average life of a refrigerator before replacement is = 14 years with a (99.7% of data) range from 8 to 20 years. Let x = age at which a refrigerator is replaced. Assume that x has a distribution that is approximately normal. Find a good approximation for the standard deviation of x values.
A) 1 year
B) 2 years
C) 4 years
D) 6 years
E) 3 years
Correct Answer:
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