(d) The insurance company is considering seeking repayment from 1000 claims filed with Jocko's last year. Using your answer to part (c), what repayment would you recommend the insurance company seek? Explain your answer.
(d) The insurance company is considering seeking repayment from 1000 claims filed with Jocko's last year. Using your answer to part (c), what repayment would you recommend the insurance company seek? Explain your answer.
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 3E
Related questions
Question
I just need part D)
For A I got: Mean 114 and SD 114.4018
For B I got: H0 : µd = 0. Ha : µd ≠ 0 t = 3.15117.
P-value (two-tailed) = 0.011715472. and DF= 9
For C I got: 95% C.I for diff = ( 32.16177, 195.838230)
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