SOLUTION: Mileage tests were conducted on a randomly selected sample of 100 newly developed automobile tires. The mean tread wear was 50,000 miles, with a standard deviation of 3,500 miles.

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Question 756216: Mileage tests were conducted on a randomly selected sample of 100 newly developed automobile tires. The mean tread wear was 50,000 miles, with a standard deviation of 3,500 miles. What is the best estimate of the average tread life in miles for the entire population of these tires?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Mileage tests were conducted on a randomly selected sample of 100 newly developed automobile tires. The mean tread wear was 50,000 miles, with a standard deviation of 3,500 miles. What is the best estimate of the average tread life in miles for the entire population of these tires?
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point estimate = 50,000 miles
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Cheers,
Stan H.
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