Mileage Tests Were Conducted on a Randomly Selected Sample of 100

question 46

Multiple Choice

Mileage tests were conducted on a randomly selected sample of 100 newly developed automobile tires. The results showed that the mean tread life was 50,000 miles,with a standard deviation of 3,500 miles. What is the best estimate of the mean tread life in miles for the entire population of these tires?

• A)50,000
• B)3,500
• C)500
• D)35

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Definitions:

Apprenticeships

A form of on-the-job training in which junior employees learn a trade from an experienced person.

Strategic Plan

A systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.

Human Resources

The department within an organization that deals with the hiring, management, and development of employees.

Demand

The desire and ability of consumers to purchase goods and services at a given price.