Explain sample showed a sample standard deviation, Basic Statistics

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Explain sample showed a sample standard deviation

A major tire manufacturer wishes to estimate the mean tread life in miles for one of its tires. It wishes to develop a confidence interval estimate that would have a maximum sampling error of 500 miles with 90 percent confidence. A pilot sample of n = 50 tires showed a sample standard deviation equal to 4,000 miles. Based on this information, the required sample size is?

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Basic Statistics: Explain sample showed a sample standard deviation

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Basic Statistics: Explain sample showed a sample standard deviation

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Basic Statistics: Explain sample showed a sample standard deviation

Reference No:- TGS0118167

Recent Questions Asked Basic Statistics

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