In this question, you should state the parameters of any normal distributions you use.
A company produces two electrical components, Type \(X\) and Type \(Y\). The mass, in kilograms, of Type \(X\) and Type \(Y\) components have independent normal distributions. The means and standard deviations of these distributions are shown in the following table.
| Mean | Standard deviation | |
|---|---|---|
| Type \(X\) | \(0.15\) | \(0.02\) |
| Type \(Y\) | \(0.21\) | \(0.05\) |
The cost of producing a Type \(X\) and Type \(Y\) component are \(\$0.46\) per \(100\) g and \(\$0.52\) per \(100\) g respectively.
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