The tread life of a particular brand of tire is a random variable best described by a normal
distribution with a mean of 60,000 miles and a standard deviation of 3000 miles.
What warranty
should the company use if they want 96% of the tires to outlast the warranty?
A) 63,000 miles B) 65,250 miles C) 54,750 miles D) 57,000 miles
C
Business
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Discuss why only presenting data that supports a recommendation, when negative data might be relevant, is considered unethical
What will be an ideal response?
Business
When a bill of lading is used to obtain payment or a written promise of payment before the merchandise is released to the importer, it serves as a:
A. document of title. B. contract. C. receipt. D. time draft. E. collateral.
Business