Based on what you observe here, would you recommend changing or keeping the warranty that goes...

Based on what you observe here, would you recommend changing or keeping the warranty that goes along with this type of tire? If you change it, what would you recommend it to be? You must explain what are the possible pros and cons of your recommendations? While you don't need to do a financial analysis, present some of the costs that you considered in making your decisions. A tire company is testing their mileage warranty of 30,000 miles.

Tire #	Mileage
1	30564
2	28886
3	29822
4	29326
5	31535
6	31880
7	28376
8	29664
9	25001
10	31981
11	31048
12	29672
13	33267
14	31512
15	35228
16	27089
17	31372
18	32749
19	28670
20	31683
21	34551
22	31811
23	29535
24	25741
25	28874
26	28535
27	28444
28	27504
29	32179
30	31491
31	29531
32	29715
33	30103
34	33841
35	28462
36	29535
37	34548
38	28165
39	30817
40	34027
41	31802
42	31878
43	31972
44	30650
45	31514
46	28820
47	32669
48	33534
49	30598
50	29459

Expert Solution

Let denotes true average mileage.

orchestra answered 1 year ago

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