Business Studies, asked by dmivakarreddy4616, 4 days ago

To the following questions State the null hypothesis and the alternative hypothesis; (b)State the decision rule (c)Compute the value of test statistic (d)What is your decision regarding H0? (e)What is the p-value? Interpret it The manufacturer of the X-15 steel belted radial truck tyre claims that the mean mileage the tyre can be driven before the tread wears out is 60000 miles. The standard deviation of the mileage is 5000 miles. The Crosset Truck Company bought 48 tyres and found that the mean mileage for their trucks is 59500 miles. Is Crosset’s experience different from that claimed by the manufacturer at the .05 significance level?

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Answered by Anonymous
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