Explain conclusion for exceeding manufacturer-s guarantee

Reference no: EM13134229

ewton's, a tire manufacturer, wanted to set a mileage guarantee on its new Road Warrior 60 tire. A sample test of 500 tires revealed that the tire's mileage is normally distributed with a mean of 50,000 miles and a standard deviation of 1,750 miles. The warranty on the tires is presently set at 47,500 miles. The z-test statistic result was 1.43. The manufacturer wanted to determine if the tires were exceeding the guarantee. At the .05 significant level, it was concluded that the tires are exceeding the manufacturer's guarantee.

Reference no: EM13134229

Questions Cloud

Lidocaine is thought to bind to receptors in its methylated : Lidocaine is thought to bind to receptors in its methylated form. identify in writting the atoms or groups in the compound that could be involved in its binding to a receptor via- hydrogen bonding (1 example)

How many grams of kcl would be required : How many grams of KCl would be required to react with 420 mL of 0.42 M AgNO3 solution?

Logical fallacies : Logical FallaciesFollowing is a list of sentences that contain logical fallacies:•Abortion should be illegal because it is immoral.

Perimeter of a hexagon : A regular hexagon is divided into 6 equilateral triangles. he altitude of each triangle is 6cm. What is the perimeter of the hexagon?

Explain conclusion for exceeding manufacturer-s guarantee : The manufacturer wanted to determine if the tires were exceeding the guarantee. At the .05 significant level, it was concluded that the tires are exceeding the manufacturer's guarantee.

Compute the net present value : Aqua Tech is considering investing in a new testing device. It has two options: Option A would have an initial lower cost but would require a significant expenditure for rebuilding after 5 year.

Distribution of diameters of cylindrical blocks : A company is producing cylindrical blocks for a children's toy. The average diameter of a block is 3.5 inches. Sixteen blocks are inspected and the diameters are measured. The standard deviation is estimated to be 0.02 inches.

What volume of hi will be produced : Hydrogen and iodine gases react to form hydrogen iodide gas. H2(g) + I2(g) → 2 HI(g) At a certain temperature and pressure 0.70 L of H2 reacts with 0.70 L of I2.

Hr in managing change within organisations : At the centre of many HRM approaches to organisational transformation and culture change is the concept of the HR professional as change agent. Discuss the role of HR in managing change within organisations.

User Account

All Pages