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Insurance companies generally believe that younger drivers have more accidents and should be charge higher insurance pre
Posted: Sun Jul 10, 2022 10:21 am
by answerhappygod
- Insurance Companies Generally Believe That Younger Drivers Have More Accidents And Should Be Charge Higher Insurance Pre 1 (30.18 KiB) Viewed 92 times
Insurance companies generally believe that younger drivers have more accidents and should be charge higher insurance premium. A sample of 1200 policyholders revealed the followig breakdown on whether a claim had been filed in the last 3 years and the age of the policyholders. Is it reasonable to conclude that there is a relationship between the age of the policyholders and whether or not the person filed a claim? Use the .02 significance level. (15 points) Age Group No Claim Claim 16-25 160 75 50 50 200 25 1000 200 25-40 40-55 255 Total 240 400