One of the Major U

Short Answer

One of the major U.S. tire makers wishes to review its warranty for their rainmaker tire. The warranty is for 40,000 miles. The distribution of tire wear is normally distributed with a population standard deviation of 15,000 miles. The tire company believes that the tire actually lasts more than 40,000 miles. A sample of 49 tires revealed that the mean number of miles is 45,000 miles. Test the hypothesis with a 0.05 significance level. What is our decision? _______________