From a study of damage caused by 80 tropical storms and hurricane in the US, we have the following information from one small insurance company. Storm Catergorisation Tropical storm Hurricane 1 & 2 Hurricane 3 & 4 $0-$5m 34 14 4 Cost $ 5m - $ 20m 8 4 $ 20m+ 2 8 4 Is there a relationship between costs to the insurance company and the storm being classified as a hurricane?
From a study of damage caused by 80 tropical storms and hurricane in the US, we have the following information from one small insurance company. Storm Catergorisation Tropical storm Hurricane 1 & 2 Hurricane 3 & 4 $0-$5m 34 14 4 Cost $ 5m - $ 20m 8 4 $ 20m+ 2 8 4 Is there a relationship between costs to the insurance company and the storm being classified as a hurricane?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 13CYU
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From a study of damage caused by 80 tropical storms and hurricane in the US, we
have the following information from one small insurance company.
Storm Catergorisation
Tropical storm Hurricane 1 & 2 Hurricane 3 & 4
34
$0-$5m
14
4
Cost $ 5m - $ 20m
2
8
4
$ 20m+
8
4
Is there a relationship between costs to the insurance company and the storm being
classified as a hurricane?
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