1 A tire manufacturer advertises the median life of our new

1. A tire manufacturer advertises, \"the median life of our new all-season radial tire is 50,000 miles. An immediate adjustment will be made on any tire that does not last 50,000 miles.\" You purchased three of these tires. What is the probability that all three tires will wear out before traveling 50,000 miles?

Solution

The probability is 1/2x1/2x1/2x1/2=1/16=0.0625