Mathematics, 03.12.2019 06:31 angela6844
Based on information from a large insurance company, 68% of all damage liability claims are made by single people under the age of 25. a random sample of 53 claims showed that 41 were made by single people under the age of 25. does this indicate that the insurance claims of single people under the age of 25 is higher than the national percent reported by the large insurance company? state the null and alternate hypothesis then give the test statistic and your conclusion.
a)z = 2.326; reject hoat the 5% significance level
b)z = 1.826; reject hoat the 5% significance level
c)z = -2.326; reject hoat the 5% significance level
d)z = 2.326; fail to reject hoat the 5% significance level
e)z = -1.826; fail to reject hoat the 5% significance level
Answers: 1
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