The number of driving miles before a certain type of tire begins to show wear is on the average 18,200 miles with a standard deviation σ = 3,500 miles. If Jack Car Rental Agency buys 25 of these tires for replacement purposes and parts each one on a different car, compute the mean μ x̅ and standard deviation σ x̅ of the sampling distribution of the sample means.
We'll use the properties of sampling distributions of sample means.
The mean:
"\\mu_{\\bar x} =\\mu=18200" miles.
Standard deviation:
"\\sigma_{\\bar x}=\\cfrac{\\sigma}{\\sqrt n}=\\cfrac{3500}{\\sqrt {25}}=700" miles.
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