7.38 Potential insurance fraud? Insurance adjusters are concerned about the high estimates they are receiving from Jocko’s Garage. To see if the estimates are unreasonably high, each of 10 damaged cars was taken to Jocko’s and to another garage and the estimates (in dollars) were recorded. Here are the results: Construct a 95% confidence interval for the difference in estimates. Car 1 2 3 4 5 6 7 8 9 10 Jocko's 1410 1550 1250 1300
7.38 Potential insurance fraud? Insurance adjusters are concerned about the high estimates they are receiving from Jocko’s Garage. To see if the estimates are unreasonably high, each of 10 damaged cars was taken to Jocko’s and to another garage and the estimates (in dollars) were recorded. Here are the results: Construct a 95% confidence interval for the difference in estimates. Car 1 2 3 4 5 6 7 8 9 10 Jocko's 1410 1550 1250 1300
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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7.38 Potential insurance fraud? Insurance adjusters are concerned about the high estimates they are receiving from Jocko’s Garage. To see if the estimates are unreasonably high, each of 10 damaged cars was taken to Jocko’s and to another garage and the estimates (in dollars) were
recorded. Here are the results:
Construct a 95% confidence interval for the difference in estimates.
Car | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
Jocko's | 1410 | 1550 | 1250 | 1300 | 900 | 1520 | 1750 | 3600 | 2250 | 2840 |
Other | 1250 | 1300 | 1250 | 1200 | 950 | 1575 | 1600 | 3380 | 2125 | 2600 |
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