Mathematics
Mathematics, 12.09.2021 03:20, TaraC

The president of the American Insurance Institute wants to compare the yearly costs of auto insurance offered by two leading companies. He selects a sample of 15 families, some with only a single insured driver, others with several teenage drivers, and pays each family a stipend to contact the two companies and ask for a price quote. To make the data comparable, certain features, such as the deductible amount and limits of liability, are standardized. The data for the sample of families and their two insurance quotes are reported below. At the 0.10 significance level, can we conclude that there is a difference in the amounts quoted? Hint: For the calculations, assume the "Midstates Car Insurance" as the first sample. Midstates Car Gecko Mutual Family Insurance Insurance Becker $ 2,090 $ 1,610 Berry 1,683 1,247 Cobb 1,402 2,327 Debuck 1,830 1,367 DuBrul 930 1,461 Eckroate 697 1,789 German 1,741 1,621 Glasson 1,129 1,914 King 1,018 1,956 Kucic 1,881 1,772 Meredith 1,571 1,375 Obeid 874 1,527 Price 1,579 1,767 Phillips 1,577 1,636 Tresize 860 1,188

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 20.06.2019 18:02, Gutierrezarlene4595
What can be used to explain a statement in a geometric proof
Answers: 1
image
Mathematics, 21.06.2019 14:30, ag1606
Jack is considering a list of features and fees for denver bank. jack plans on using network atms about 4 times per month. what would be jack’s total estimated annual fees for a checking account with direct paycheck deposit, one overdraft per year, and no 2nd copies of statements?
Answers: 3
image
Mathematics, 21.06.2019 20:00, raularriaga
You have 138.72 in your saving account u take out 45.23 and 18.00 you deposit 75.85 into your account
Answers: 1
image
Mathematics, 21.06.2019 20:10, Nina0016
Suppose g(x) = f(x + 3) + 4. which statement best compares the graph of g(x) with the graph of f(x)?
Answers: 2
Do you know the correct answer?
The president of the American Insurance Institute wants to compare the yearly costs of auto insuranc...

Questions in other subjects:

Konu
Mathematics, 11.12.2021 01:00
Konu
Mathematics, 11.12.2021 01:00