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You may need to use the appropriate technology to answer this question. A large automobile insurance company selected sa

Posted: Wed May 11, 2022 2:32 pm
by answerhappygod
You May Need To Use The Appropriate Technology To Answer This Question A Large Automobile Insurance Company Selected Sa 1
You May Need To Use The Appropriate Technology To Answer This Question A Large Automobile Insurance Company Selected Sa 1 (55.06 KiB) Viewed 27 times
You may need to use the appropriate technology to answer this question. 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 Married Policyholders n = 400 n = 900 number making claims = 68 number making claims = 72 (a) Use a = 0.05. Test to determine whether the claim rates differ between single and married male policyholders. State the null and alternative hypotheses. (Let P1 = claim rate for single male policyholders and P2 = claim rate for married male policy holders.) Ho: P1 - P2 = 0 HP2 - P20 Ho: P1 - P2 > 0 HP1-P2 SO o Ho: P1 - P20 H: P1 - P2 = 0 Ho: P1 - P220 H: P1-P2 < 0 Ho: P1 - P250 Ha: P1 P2 > 0 Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = State your conclusion. Do not reject H. We can not conclude that there is a difference between claim rates. O Do not reject H . We can conclude that there is a difference between claim rates. Reject Ho. We can not conclude that there is a difference between claim rates. Reject Ho. We can conclude that there is a difference between claim rates. (b) Provide a 95% confidence interval for the difference between the proportions for the two populations. (Round your answers to four decimal places.) to