Mathematics, 31.03.2020 01:33 lolomgwtfnvm4
An insurance company reports that 75% of its claims are settled within two months of being filed. In order to test that the percent is less than seventy-five, a state insurance commission randomly selects 35 claims and determines that 23 of the 35 were settled within two months.
a) Write out the hypotheses.
b) Calculate the test statistic.
c) Find the p-value.
d) Do we reject the null hypothesis? Explain.
e) What can you conclude based on this evidence
Answers: 1
Mathematics, 21.06.2019 14:00
Tracy solved the following problem. which of the statements is true? 9 ÷ 3 + 6 × 2 3 + 6 × 2 9 × 2 18 her answer is correct. her answer is incorrect. she should have multiplied before dividing. her answer is incorrect. she should have multiplied before adding. her answer is incorrect. she should have added before dividing.
Answers: 1
Mathematics, 21.06.2019 18:50
Which of the following values cannot be probabilities? 0.08, 5 divided by 3, startroot 2 endroot, negative 0.59, 1, 0, 1.44, 3 divided by 5 select all the values that cannot be probabilities. a. five thirds b. 1.44 c. 1 d. startroot 2 endroot e. three fifths f. 0.08 g. 0 h. negative 0.59
Answers: 2
An insurance company reports that 75% of its claims are settled within two months of being filed. In...
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