Math Problem Statement
A consumer organization wants to estimate the actual tread wear index of a brand name of tires that claims "graded 250" on the sidewall of the tire. A random sample of n=25 indicates a sample mean tread wear index of 238.6 and a sample standard deviation of 27.8.
Assuming that the population of tread wear indexes is normally distributed, construct a 99% confidence interval estimate of the population mean tread wear index for tires produced by this manufacturer under this brand name.
Based on the interval you calculated, do you think that the consumer organization should accuse the manufacturer of producing tires that do not meet the performance information on the sidewall of the tire?
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Interval
Normal Distribution
Formulas
Confidence Interval formula: \(\bar{x} \pm t_{\alpha/2} \left(\frac{s}{\sqrt{n}}\right)\)
Margin of Error formula: \(t_{\alpha/2} \cdot \frac{s}{\sqrt{n}}\)
Theorems
Central Limit Theorem
Suitable Grade Level
College Level
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