subject
Mathematics, 22.07.2019 19:00 lilblakey69

Car insurance companies want to keep track of the average cost per claim. the current data in use for auto insurance r us is an average of $2,200 for each claim with a standard deviation of $500. with this average, the company can stay competitive with rates but not lose money. however, the statistician for the company believes that the cost of the average claim has increased. he pulled 40 recent claims and found the average to be $2,350. which most restrictive level of significance would suggest that the company should raise rates? 1% 2.5% 5% 10%

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
12. the amount of money in a bank account decreased by 21.5% over the last year. if the amount of money at the beginning of the year is represented by ‘n', write 3 equivalent expressions to represent the amount of money in the bank account after the decrease?
Answers: 2
question
Mathematics, 21.06.2019 16:00
()1. how do you find range? 2.the following set of data is to be organized into a histogram. if there are to be five intervals on the graph, what should the length of each interval be? 30, 34, 23, 21, 27, 25, 29, 29, 25, 23, 32, 31
Answers: 1
question
Mathematics, 21.06.2019 17:10
Jessica and martha each have a bag of cookies with unequal quantities. they have 30 cookies total between the two of them. each of them ate 6 cookies from their bag. the product of the number of cookies left in each bag is not more than 80. how many more cookies will jessica have martha? if x represents the number of cookies jessica started with, complete the statements below.the inequality that describes the relationship between the number of cookies each one of them has is x^2 - x +224 > = 0.jessica has at least cookies more than martha.
Answers: 3
question
Mathematics, 21.06.2019 17:10
How many lines can be drawn through points j and k? 0 1 2 3
Answers: 2
You know the right answer?
Car insurance companies want to keep track of the average cost per claim. the current data in use fo...
Questions
question
Mathematics, 25.02.2021 20:00
question
Mathematics, 25.02.2021 20:00
Questions on the website: 13722362