Question: Compute a 95% tolerance interval on the life of the tires described in Exercise 8-22, that has confidence level 95%. Compare the length of the

Compute a 95% tolerance interval on the life of the tires described in Exercise 8-22, that has confidence level 95%. Compare the length of the tolerance interval with the length of the 95% CI on the population mean. Which interval is shorter? Discuss the difference in interpretation of these two intervals.

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