A large automobile insurance company selected samples of single and married male policyholders and recorded the number who made an insurance claim over the preceding three-year period. Single Policyholders n₁ = 440 Number making claims = 88 Married Policyholders n₂ = 840 Number making claims 126 a. Use a = 0.05. Test to determine whether the claim rates differ between single and married male policyholders. (to 2 decimals) * (to 4 decimals) z-value p-value We can conclude that there is the difference between claim rates. b. Provide a 95% confidence interval (to 4 decimals) for the difference between the proportions for the two populations. Enter negative answer as negative number.

A large automobile insurance company selected samples of single and married male policyholders and recorded the number who made an insurance claim over the preceding three-year period. Single Policyholders n₁ = 440 Number making claims = 88 Married Policyholders n₂ = 840 Number making claims 126 a. Use a = 0.05. Test to determine whether the claim rates differ between single and married male policyholders. (to 2 decimals) * (to 4 decimals) z-value p-value We can conclude that there is the difference between claim rates. b. Provide a 95% confidence interval (to 4 decimals) for the difference between the proportions for the two populations. Enter negative answer as negative number.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.3: Measures Of Spread

Problem 1GP

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