subject
Mathematics, 22.06.2019 23:30 yovann

Automobile collision insurance is used to pay for any claims made against the driver in the event of an accident. this type of insurance will typically pay to repair any assets that your vehicle damages. a random sample of 40 collision claims of 20- to 24-year-old drivers results in a mean claim of $4580 with a standard deviation of $2291. an independent random sample of 40 collision claims of 30- to 59-year-old drivers results in a mean claim of $3669 with a standard deviation of $2014. using the concept of hypothesis testing, determine if a higher insurance premium should be paid by 20- to 24-year-old drivers. use a alpha equals 0.01 level of significance, and let population 1 be 20- to 24-year old drivers and population 2 be 30- to 59-year old drivers. complete parts (a) through (e) below.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
Find the midpoint m of z1=(8+5i) and z2=(12+3i)
Answers: 1
question
Mathematics, 21.06.2019 19:30
James was playing a game with his friends. he won 35 points. then he lost 15, lost 40 and won 55. how did he come out
Answers: 2
question
Mathematics, 21.06.2019 21:50
What is the 17th term in the arithmetic sequence in which a6 is 101 and a9 is 83
Answers: 3
question
Mathematics, 21.06.2019 22:30
How many times larger is 6 × 10^12 than 2 × 10^7? a. 30,000 b. 3,000 c. 3,000,000 d. 300,000
Answers: 1
You know the right answer?
Automobile collision insurance is used to pay for any claims made against the driver in the event of...
Questions
question
Mathematics, 23.10.2020 14:00
question
History, 23.10.2020 14:00
question
Mathematics, 23.10.2020 14:00
question
Mathematics, 23.10.2020 14:00
Questions on the website: 13722367