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Determine the sample size needed to construct a 98%

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Question: A tire manufacturer would like to estimate the average tire life of its new all-season light truck 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 2,700 miles. Assume the standard deviation for the tire life of this particular brand is 9,000 miles.

Reference no: EM133574461

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