Solved

A Major Tire Manufacturer Wishes to Estimate the Mean Tread

Question 120

Multiple Choice

A major tire manufacturer wishes to estimate the mean tread life in miles for one of its tires. It wishes to develop a confidence interval estimate that would have a maximum sampling error of 500 miles with 90 percent confidence. A pilot sample of n = 50 tires showed a sample standard deviation equal to 4,000 miles. Based on this information, the required sample size is:


A) 124.
B) 246.
C) 174.
D) 196.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents