Mathematics, 04.05.2021 15:40, fheight01

Suppose a tire manufacturer wants to set a minimum mileage
guarantee on the new Mx100. Test
reveal the mean mileage is 47,900
with a
Standard diviation of 2,050
miles and the distribution is a normal distribution . The Manufacturer
Wants to set the minimum of warranty
mileage so that no more
than 4%
of the tires will be replaced - What
Minimum guaranteed mileage should the
Manufacturer Announce?

Answers: 2

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Suppose a tire manufacturer wants to set a minimum mileage
guarantee on the new Mx100. Test...