Find critical value to find if company using legitimate ads


A tire manufacturer has been producing tires with an average life expectancy of 26,000 miles. Now the company is advertising that its new tires' life expectancy has increased. In order to test the legitimacy of the advertising campaign, an independent testing agency tested a sample of 6 of their tires and has provided the following data.

Life Expectancy
(In Thousands of Miles)
28
27
25
28
29
25

Using Excel determine the mean and the standard deviation. Using a one-tailed hypothesis at 99% confidence compute the critical value to determine whether or not the tire company is using legitimate advertising. Assume the population is normally distributed.

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Basic Statistics: Find critical value to find if company using legitimate ads
Reference No:- TGS0116183

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