The Quality Control Manager of a Tire Company Wishes to Estimate

question 79

Essay

The quality control manager of a tire company wishes to estimate the tensile strength of a standard size of rubber used to make a class of radial tires.A random sample of 61 pieces of rubber from different production batches is subjected to a stress test.The test measures the force needed to break the rubber.According to the sample results,the average pressure is 238.4 and the standard deviation is 35.Determine the 98% confidence interval.

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Definitions:

Target Audience

The target audience is a specific group of consumers identified as the recipients of a particular marketing message or campaign, based on various demographic, psychographic, and behavioral criteria.

Vogue

The prevailing fashion, practice, or style during a particular time, often in the context of clothing, music, or other aspects of culture.

Marketing Mix

Refers to the blend of strategies used by a business to achieve its objectives in the target market, including variations in product offerings, prices, distribution methods, and promotional activities.

Five Ps

The components of the marketing mix, including Product, Price, Promotion, Place, and People, used to strategically position and sell a product or service.