Question
Can you please show me step by step how to solve this? I don't understand how to get the z value. A manufacturing process produces
Can you please show me step by step how to solve this? I don't understand how to get the z value.
A manufacturing process produces auto tires. A sample of miles at replacement is recorded below this question. At what milage should the warranty be set at for warranty replacement of .5% of the tires?
| Mileage at Replacement |
| 37916 |
| 44430 |
| 45021 |
| 46326 |
| 46590 |
| 47066 |
| 47073 |
| 47155 |
| 47351 |
| 47687 |
| 47849 |
| 47855 |
| 48046 |
| 48167 |
| 48305 |
| 48744 |
| 48877 |
| 49132 |
| 49157 |
| 49527 |
| 50076 |
| 50219 |
| 50247 |
| 50383 |
| 51002 |
| 51455 |
| 51479 |
| 51522 |
| 51630 |
| 51638 |
| 51731 |
| 51754 |
| 52144 |
| 52697 |
| 52771 |
| 52951 |
| 53111 |
| 53462 |
| 54290 |
| 54581 |
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
