A major tire manufacturer wishes to estimate the mean tread life in miles for one of its tires. It wishes to develop a confidence interval estimate that would have a maximum sampling error of 500 miles with 90 percent confidence

A pilot sample of n = 50 tires showed a sample standard deviation equal to 4,000 miles. Based on this information, the required sample size is:A) 124.
B) 246.
C) 174.
D) 196.

C

Business

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a. true b. false

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Indicate whether this statement is true or false.

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