The Tread Life of a Particular Brand of Tire Is

question 134

Multiple Choice

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 2500 miles. What is the probability a certain tire of this brand will last between 54,750 miles and 55,500 miles?

• A) .0180
• B) .4920
• C) .9813
• D) .4649

---

Definitions:

Bankruptcy Proceedings

A legal process through which individuals or businesses unable to repay their debts may seek relief and undergo a structured repayment or asset liquidation process.

Insolvent

The state of being unable to pay debts owed, often leading to legal proceedings for liquidation or restructuring.

Chapter 7 Bankruptcy

A legal process under U.S. bankruptcy law for liquidating a debtor's assets to pay off creditors.

Discharge

A written federal court order signed by a bankruptcy judge which states that the debtor is immune from creditor actions to collect debt; i.e., a release from liability.