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