Posted: April 2nd, 2017

what other information would you like to gather to evaluate the transmission failure problem more fully?

1. use the appropriate descriptive statistics to summarize the transmission failure data. 2. develop a 95% confidence interval for the mean number of miles driven until transmission failure. provide a managerial interpretation of the interval estimate. 3. discuss the implication of your statistical findings in terms of the belief that some owners of the automobiles experienced early transmission failure. 4. how may repairs records should be sampled if the research firm wants the population mean number of miles driven until transmission failure to be estimated with a margin of error of 5000 miles? use a 95% confidence. 5. what other information would you like to gather to evaluate the transmission failure problem more fully?