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tensa zangetsu [6.8K]
3 years ago
8

The operation manager at a tire manufacturing company believes that the mean mileage of a tire is 33,208 miles, with a standard

deviation of 2503 miles. What is the probability that the sample mean would differ from the population mean by less than 633 miles in a sample of 49 tires if the manager is correct? Round your answer to four decimal places.
Mathematics
1 answer:
avanturin [10]3 years ago
4 0

Answer:

There is a 92.32% probability that the sample mean would differ from the population mean by less than 633 miles in a sample of 49 tires if the manager is correct.

Step-by-step explanation:

Problems of normally distributed samples can be solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a random variable X, with mean \mu and standard deviation \sigma, a large sample size can be approximated to a normal distribution with mean \mu and standard deviation s = \frac{\sigma}{\sqrt{n}}

In this problem, we have that:

The operation manager at a tire manufacturing company believes that the mean mileage of a tire is 33,208 miles, with a standard deviation of 2503 miles.

This means that \mu = 33208, \sigma = 2503.

What is the probability that the sample mean would differ from the population mean by less than 633 miles in a sample of 49 tires if the manager is correct?

This is the pvalue of Z when X = 33208+633 = 33841 subtracted by the pvalue of Z when X = 33208 - 633 = 32575

By the Central Limit Theorem, we have t find the standard deviation of the sample, that is:

s = \frac{\sigma}{\sqrt{n}} = \frac{2503}{\sqrt{49}} = 357.57

So

X = 33841

Z = \frac{X - \mu}{\sigma}

Z = \frac{33841 - 33208}{357.57}

Z = 1.77

Z = 1.77 has a pvalue of 0.9616

X = 32575

Z = \frac{X - \mu}{\sigma}

Z = \frac{32575- 33208}{357.57}

Z = -1.77

Z = -1.77 has a pvalue of 0.0384.

This means that there is a 0.9616 - 0.0384 = 0.9232 = 92.32% probability that the sample mean would differ from the population mean by less than 633 miles in a sample of 49 tires if the manager is correct.

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1) the planning value for the population standard deviation is 10,000

2)

a) Margin of error E = 500, n = 1536.64 ≈ 1537

b) Margin of error E = 200, n = 9604

c) Margin of error E = 100, n = 38416

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As we can see, sample size corresponding to margin of error of $100 is too large and may not be feasible.

Hence, I will not recommend trying to obtain the $100 margin of error in the present case.

Step-by-step explanation:

Given the data in the question;

1) Planning Value for the population standard deviation will be;

⇒ ( 50,000 - 10,000 ) / 4

= 40,000 / 4

σ = 10,000

Hence, the planning value for the population standard deviation is 10,000

2) how large a sample should be taken if the desired margin of error is;

we know that, n = [ (z_{\alpha /2 × σ ) / E ]²

given that confidence level = 95%, so z_{\alpha /2  = 1.96

Now,

a) Margin of error E = 500

n = [ (z_{\alpha /2 × σ ) / E ]²

n = [ ( 1.96 × 10000 ) / 500 ]²

n = [ 19600 / 500 ]²

n = 1536.64 ≈ 1537

b) Margin of error E = 200

n = [ (z_{\alpha /2 × σ ) / E ]²

n = [ ( 1.96 × 10000 ) / 200 ]²

n = [ 19600 / 200 ]²

n = 9604

c)  Margin of error E = 100

n = [ (z_{\alpha /2 × σ ) / E ]²

n = [ ( 1.96 × 10000 ) / 100 ]²

n = [ 19600 / 100 ]²

n = 38416

3) Would you recommend trying to obtain the $100 margin of error?

As we can see, sample size corresponding to margin of error of $100 is too large and may not be feasible.

Hence, I will not recommend trying to obtain the $100 margin of error in the present case.

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