A particular brand of tires claims that its deluxe tire averages at least 50,000 miles before it needs to be replaced. From past studies of this tire, the standard deviation is known to be 8,000. A survey of owners of that tire design is conducted. Of the 29 tires surveyed, the mean lifespan was 46,600 miles with a standard deviation of 9,800 miles. Using alpha = 0.05, is the data highly consistent with the claim? Note: If you are using a Student's t-distribution for the problem, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.)
What is the test statistic? z= ? What is the p- value ?
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