Business
Business, 07.11.2019 21:31, minersaysay22

"an insurance company’s procedure for settling a claim under $10,000 for fire or water damage to a home owner is to require two estimates for cleanup and repair of structural damage before allowing the insured to proceed with the work. the insurance company compares estimate from two contractors who most frequently handle this type of work in this geographical area. assume the contractor estimates are normally distributed. data for the 10 most recent claims for which damage estimates were provided by both contractors in cells e3 to g13 with labels in first row. at the 5% level of significance, is there a difference between the two contractors? " what is the null hypothesis what is the alternative hypthoesis what is the test statistic? place output in cell a8 -2.318963855 what is the p value what is the conclusion

claim contractor a contractor b
smith, c. 5,500 6,000
jones, a 1,000 900
xia, y 2,500 2,500
gallileo, a 7,800 8,300
carson, r. 6,400 6,200
tracy, l. 8,800 9,400
barnes, c. 600 500
van davis, r. 3,300 3,500
jones, b 4,500 5,200
thomas, p. 6,500 6,800

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