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A tire manufacturer claims that his tires last at least 50,000 miles. A test on 43 tires reveals that mean life of a tire is
A tire manufacturer claims that his tires last at least 50,000 miles. A test on 43 tires reveals that mean life of a tire is 49,700 miles with a standard deviation of 2750 miles. You claim that the tires last less than 50,000 miles. Using a significance level of 0.01, calculate the p-value of the test stat -0.715.
- 0.285
- 0.237
- 0.833
- 0.761
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