Alpha Geek

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Category > Accounting Posted 26 May 2017 My Price 5.00

A manufacturer of tires wants to advertise a mileage interval that excludes

A manufacturer of tires wants to advertise a mileage interval that excludes no more than 10% of the mileage on tires he sells. All he knows is that, for a large number of tires tested, the mean mileage was 25,000 miles, and the standard deviation was 4000 miles. What interval would you suggest?

 

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Alpha Geek
(8)
Status NEW Posted 26 May 2017 12:05 PM My Price 5.00

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1495802774-1530594_1_636313247427629531_90--confidence-interval-xlsx
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