Math Problem Statement
A tire manufacturer wishes to investigate the tread life of
its tires. A sample of 25 tires driven 50,000 miles
revealed a sample mean of 0.32 inch of tread remaining
with a standard deviation of 0.09 inch.
Would it be reasonable for the manufacturer to conclude
that after 50,000 miles the population mean amount of
tread remaining is 0.30 inches. You give your conclusion and compute the confidence interval with the alpha is 99%.
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Hypothesis Testing
Confidence Intervals
T-Distribution
Formulas
t = (X̄ - μ) / (s / √n)
Confidence Interval: X̄ ± t_critical * SE
Standard Error (SE) = s / √n
Theorems
Central Limit Theorem
T-Distribution for small sample sizes
Suitable Grade Level
College Level
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