The operation manager at a tire manufacturing company believes that the mean mileage of a tire is21,009 miles with a variance of
6,220,036. What is the probability that the sample mean would differ from the population mean by less than 655 miles in a sample of 79 tires if the manager is correct
The probability that the sample mean would differ from the population mean by less than 655 miles in a sample of 79 tires if the manager is correct is = 0.9805.
<h3>
What is the calculation for the above?</h3>
P ( < 655) ≡ P [ |( - μ)/√(σ²/n) | <655/√(6,220,036/ 79)]