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 55 months and a standard deviation of 8 months. Using the Empirical Rule rule, what is the approximate percentage of cars that remain in service between 63 and 71 months?
1 answer
note that 63 is 1 std above the mean, and 71 is 2 std above the mean.