Concept explainers
a)
To explain whether it would be reasonable to hope they’ll last 40,000 miles.
a)
Answer to Problem 44E
It is not reasonable to hope that the tires will last 40,000 miles.
Explanation of Solution
Given:
Using z-score,
Therefore, probability is very small or less than 0.05. Hence, it is not reasonable to hope that the tires will last 40,000 miles.
b)
To find approximate percent that tires expected to last less than 30,000 miles
b)
Answer to Problem 44E
Approximately 21.19% of the tires are expected to be less than 30,000 miles.
Explanation of Solution
Given:
Using z-score,
Hence, approximately 21.19% of the tires are expected to be less than 30,000 miles.
c)
To find approximate percent that tires expected to last between 30,000 and 35,000 miles.
c)
Answer to Problem 44E
Approximately 67.30% of the tires are expected to be between 30,000 and 35,000 miles.
Explanation of Solution
Given:
Using z-score,
Hence, approximately 67.30% of the tires are expected to be between 30,000 and 35,000 miles.
d)
To find IQR.
d)
Answer to Problem 44E
The IQR is 3350.
Explanation of Solution
Given:
Formula:
First, we need to find first
z =
Using formula,
So,
e)
To find the mileage.
e)
Answer to Problem 44E
the dealer can then guarantee that these tires will last 27,625 miles.
Explanation of Solution
Given:
Formula:
Here, 1 in 24 corresponds to a probability of
From given information, the dealer will have to give a refund to all customers whose tires fail in less than x miles.
So, P(Z< z) = 0.04
Z = -1.75
Therefore,
Hence, the dealer can then guarantee that these tires will last 27,625 miles.
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