Question: Tests of a new tire developed by a tire manufacturer led to an estimated mean tread life of 67,350 miles and standard deviation of 1,120 miles. The manufacturer will advertise the lifetime of the tire (for example, a "50,000 mile tire") using the largest value for which it is expected that 98% of the tires will last at least that long. Assuming tire life is normally distributed, find that advertised value.