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[6-34] The manufacturer of a new fiberglass tire claims that its average life will be at least 40,000 miles. To verify this c

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Answer #1

The critical value is t* = 1.761

The 95% lower-bound confidence interval is

\bar x - t* * s/\sqrt n

= 41.1 - 1.761 * 2.5/\sqrt 15

= 41.1 - 1.14

= 39.96

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