A large automobile insurance company selected samples of single and married male policyholders and recorded the number who made an insurance claim over the preceding three-year period. Single Policyholders Married Policyholders n1=550 n2=1,000 Number making claims = 110 Number making claims = 150 a. Use a=0.05 Test to determine whether the claim rates differ between single and married male policyholders. z-value (to 2 decimals) p-value (to 4 decimals) b. Provide a 95% confidence interval (to 4 decimals) for the difference between the proportions for the two populations. Enter negative answer as negative number. ( , )
A large automobile insurance company selected samples of single and married male policyholders and recorded the number who made an insurance claim over the preceding three-year period. Single Policyholders Married Policyholders n1=550 n2=1,000 Number making claims = 110 Number making claims = 150 a. Use a=0.05 Test to determine whether the claim rates differ between single and married male policyholders. z-value (to 2 decimals) p-value (to 4 decimals) b. Provide a 95% confidence interval (to 4 decimals) for the difference between the proportions for the two populations. Enter negative answer as negative number. ( , )
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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A large automobile insurance company selected samples of single and married male policyholders and recorded the number who made an insurance claim over the preceding three-year period.
Single Policyholders | Married Policyholders |
n1=550 | n2=1,000 |
Number making claims = 110 | Number making claims = 150 |
a. Use a=0.05 Test to determine whether the claim rates differ between single and married male policyholders.
z-value | (to 2 decimals) |
p-value | (to 4 decimals) |
b. Provide a 95% confidence interval (to 4 decimals) for the difference between the proportions for the two populations. Enter negative answer as negative number.
( , )
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