7. Correct. The answer is true

 

Let Chile = country A and Australia = country B then

mA = 15 years, mB = 7 years

sA = 5 years, sB = 2 years

nA = 10, nB = 10

XA - XB = 8 years

 

Difference in means is given by;

mA-B = 15 - 7 = 8 years

 

Difference in standard deviation is given by

 

 

Standardized variable for the difference in the means is given by;

 

Z = [(XA - XB) - (mA - mB)] / sA-B

 

Z = [10-8] / 1.703 = 1.17

 

Required probability = (area under normal curve to the right of Z = 1.17)

= 0.5 - 0.3790 = 0.121

 

Therefore, the probability that the Chilean copper mines have a mean lifetime at least 10 years greater than that of their Australian counterparts is 0.121.