Explain probability in terms of truth of manufacturer claim

Assignment Help Basic Statistics
Reference no: EM13132049

A tire manufacturer claims that his tires will last 40,000 miles with a standard deviation of 5000 miles. What is the probability that the mean life time of the sample of 160 tires will be less than 39,000 miles? Interpret the probability in terms of the truth of the manufacturer's claim.

Reference no: EM13132049

Questions Cloud

How does influence impact accounting for investments : Why do you think there have been so many mergers in recent years? Do you feel this practice is beneficial to society? Justify your thoughts. How does 'influence' impact accounting for investments?
Dividend declaration affect pico balance sheet : State Corporation is a 30%-owned equity investee of Pico Corporation. During 2003, State declared $50,000 in dividends to be paid in 2004. How does the dividend declaration affect Pico's balance sheet at December 31, 2003?
Calculate the lower of cost or market for the inventory : If the market amount is less than the recorded cost of the inventory, then record the LCM adjustment to the Merchandise Inventory account.
Basic venn diagram and set theory example : How can you represent a pedigree for a mixed breed of dog (a Schnoodle, for example) using set theory? Create (describe) a Venn diagram and a numeric sentence to describe the set.
Explain probability in terms of truth of manufacturer claim : The mean life time of the sample of 160 tires will be less than 39,000 miles? Interpret the probability in terms of the truth of the manufacturer's claim.
Determine the fair presentation of ajax chemical balance : Evaluate the policies and procedures of the Food and Drug Administration in terms of bringing new drugs to market. Determine the fair presentation of Ajax Chemical’s balance sheet, income statement, and statement of cash flows.
Description of venn diagram : In a survey of 250 dancers, 167 knew the ballroom dances, 140 knew the Latin dances, and 106 knew the swing dances. Of these, 65 knew the ballroom and swing dances
Why is the activity-based costing unacceptable : 1.why are top management support and cross-functional involvement crucial when attempting to implement an activity-based costing system? 2. why is the activity-based costing unacceptable for external financial reports?
What is the simplest formula of the compound : A compound is found to be 26.95% sulfur, 13.43% oxygen, and 59.61% chlorine by mass. What is the simplest formula of the compound?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Null hypothesis-alternate hypothesis and critical value

A sample of 100 orders revealed that 82 were delivered within the promised time. At the 0.10 significance level, can we conclude that less than 90% of the orders are delivered in less than 10 minutes?

  Repeated-measures anova

Describe a scenario related to the final project in which you would use repeated-measures ANOVA. Describe a scenario related to the final project in which you would use MANOVA.

  Determining dispersion measures

Mary claims that the range, standard deviation and variance are all measures of dispersion. John adds to Mary's claim by stating that the coefficient of variation is a measure of relative dispersion.

  Joint-marginal-conditional probabilities

Determine the probability that she lives in an all electric home?

  Probability of getting someone who is in a car accident

If one of these respondents is randomly selected, what is the probability of getting someone who has been in a car accident?

  Find the probability that both selected are girls

In a second grade class containing 12 girls and 7 boys, 2 students are selected at random to give out the math papers. What is the probability that both are girls?

  Area of the shaded region

Find the area of the shaded region. Answer to the nearest tenth. Picture a square. The arcs have their centers at opposite vertices of the square and that is the region that is shaded.

  Hypothesis testing for population mean

Using the 0.05 level of significance, is there evidence that the population mean is above $170?

  Writing quadratic equations

Write three quadratic equations within a, b, c (coefficients of x^2, x and the constant as 1 integers, 2 rational, 3 irrational numbers).

  Find probability that selected player bats over a value

How to determine the probability that a randomly selected player bats over 0.300? How to determine the probability that a team of 25 players will have a mean above 0.275?

  What sample proportion value occur-gather the sample

They hope to use a sample size such that, with probability 0.95, the error will not exceed 0.04. What sample size will ensure this, regardless of what sample proportion value occurs when they gather the sample?

  Critical value of t distribution

Find the critical t alpha/2 assuming the population is normally distributed, the confidence level is 95%, n=101 and sigma is unknown.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd