Suppose a tire manufacturer wants to set a mileage guarantee on its new xb 70 tire. tests revealed that the tire's mileage is normally distributed with a mean of 47,900 miles and a standard deviation of 2,050 miles. the manufacturer wants to set the guaranteed mileage so that no more than 5 percent of the tires will have to be replaced. what guaranteed mileage should the manufacturer announce?
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Suppose a tire manufacturer wants to set a mileage guarantee on its new xb 70 tire. tests revealed t...
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