Question: Consider the tire-testing data described in Exercise 8-27. Compute a 95% prediction interval on the life of the next tire of this type tested under

Consider the tire-testing data described in Exercise 8-27.

Compute a 95% prediction interval on the life of the next tire of this type tested under conditions that are similar to those employed in the original test. Compare the length of the prediction interval with the length of the 95% CI on the population mean.

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