Michelin Tires would like to estimate the average tire life of its Latitude Tour tire in terms

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Michelin Tires would like to estimate the average tire life of its Latitude Tour tire in terms of how many miles it lasts. Determine the sample size needed to construct a 98% confidence interval with a margin of error equal to 2,000 miles. Assume the standard deviation for the tire life of this particular brand is 8,000 miles. Verify your result using PHStat.
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Business Statistics

ISBN: 9780321925121

2nd Edition

Authors: Robert A. Donnelly

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