Question
A manufacturing process produces auto tires.A sample of miles at replacement is recorded in DATA. At what mileage should the warranty be set at for
A manufacturing process produces auto tires.A sample of miles at replacement is recorded in DATA. At what mileage should the warranty be set at for warranty replacement of 0.5% of tires?
a)41214
b)45294
c)47359
d)36978
Mileage at Replacement: 52545,50460,54417,51558,51056,50734,51158,51067,49143,49524,53708,50538,48832,48237,49177,46418,48579,48401,51938,51389,50728,48467,49114,48692,48770,51243,50926,50869,50736,52367,48718,46921,50650,51635,47924,51407,50556,46490,50374,50980,48776,52456,45504,48888,49397,50460,48749,51134,51634,47974
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Essentials of Business Analytics
Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
2nd edition
1305627733, 978-1305861817, 1305861817, 978-0357688960, 978-1305627734
