Mathematics, 16.06.2021 17:20 devin030505

A tire manufacturer has a 60,000 mile warranty for tread life. The manufacturer considers the overall tire quality to be acceptable if less than 8% are worn out at 60,000 miles. A study was done and researchers were 98% confident that the proportion of tires that are worn out at 60,000 miles lies between 7.8% and 9.6%. What type of statistical inference is this

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A tire manufacturer has a 60,000 mile warranty for tread life. The manufacturer considers the overal...