In: Statistics and Probability
The operation manager at a tire manufacturing company believes that the mean mileage of a tire is 23,383 miles, with a variance of 21,436,900. What is the probability that the sample mean would be less than 22,909 miles in a sample of 286 tires if the manager is correct? Round your answer to four decimal places.
Solution:
Given that,
mean = = 23383
variance = 2 = 21436900
standard deviation = = 4630
n = 286
So,
= 23383
= ( /n) = (4630286) = 273.7778
p ( x < 22909 )
= p ( x - / ) < (22909 - 23383 / 273.7778 )
= p ( z < - 474 / 273.7778)
= p ( z < - 1.73 )
Using z table
= 0.0418
Probability = 0.0418