The U. S. Department of Transportation requires tire manufacturers to provide tire performance information on the sidewall of a tire to better inform prospective customers

Answered step by step
Verified Expert Solution
Question
33 users unlocked this solution today!
The U. S. Department of Transportation requires tire manufacturers to provide tire performance information on the sidewall of a tire to better inform prospective customers as they make purchasing decisions. One very important measure of tire performance is the tread wear index, which indicates the tire’s resistance to tread wear compared with a tire graded with a base of 100.
A tire with a grade of 200 should last twice as long, on average, as a tire graded with a base of 100. A consumer organization wants to estimate the actual tread wear index of a brand name of tires that claims “graded 200” on the sidewall of the tire. A random sample of n = 18 indicates a sample mean tread wear index of 195.3 and a sample standard deviation of 21.4.
a. Assuming that the population of tread wear indexes is normally distributed, construct a 95% confidence interval estimate for the population mean tread wear index for tires produced by this manufacturer under this brand name.
b. Do you think that the consumer organization should ­accuse the manufacturer of producing tires that do not meet the ­performance information provided on the sidewall of the tire? Explain.
c. Explain why an observed tread wear index of 210 for a particular tire is not unusual, even though it is outside the confidence interval developed in (a).

Step by Step Solution

3.39 Rating (155 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Link Copied!

Step: 1

a Xbar t S n 1953 21098 214 18 1846581 2059419 b No a ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

100% Satisfaction Guaranteed-or Get a Refund!

Step: 2Unlock detailed examples and clear explanations to master concepts

blur-text-image_2

Step: 3Unlock to practice, ask and learn with real-world examples

blur-text-image_3

Document Format ( 1 attachment)

Word file Icon

494-M-S-P-E (377).docx

120 KBs Word File

See step-by-step solutions with expert insights and AI powered tools for academic success

  • tick Icon Access 30 Million+ textbook solutions.
  • tick Icon Ask unlimited questions from AI Tutors.
  • tick Icon Order free textbooks.
  • tick Icon 100% Satisfaction Guaranteed-or Get a Refund!

Claim Your Hoodie Now!

Recommended Textbook for

Business Statistics A First Course

Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan

7th Edition

9780321998217, 032197901X, 321998219, 978-0321979018

More Books
flashcard-anime

Study Smart with AI Flashcards

Access a vast library of flashcards, create your own, and experience a game-changing transformation in how you learn and retain knowledge

Explore Flashcards

Students Have Also Explored These Related Statistics Questions!