A survey of insurance professionals explores the use of technology in the industry. The table below contains the responses to the question that asked what technologies these professionals expected to be mostused by the insurance industry in the coming year.TechnologyWearable technologyBlockchain technologyArtificial IntelligenceloT: retail insuranceloT: commercial insuranceFrequency D871328430Social mediaa. Compute the percentage of responses for each technology.b. What conclusions can you reach concerning expected technology usage in the insurance industry in the coming year?a. Compute the percentage of values for each response need.TechnologyWearable technologyFrequencyPercentage (%)Blockchain technology7Artificial Intelligence13%loT: retail insurance28%loT: commercial insurance41%P Type here to search&6%244(COTYRWD A survey of insurance professionals explores the use of technology in the industry. The table below contains the responses to the question that asked what technologies these professionals expected to be mostused by the insurance industry in the coming year.TechnologyWearable technologyBlockchain technologyArtificial IntelligenceloT: retail insuranceloT: commercial insuranceSocial mediaa. Compute the percentage of responses for each technology.b. What conclusions can you reach concerning expected technology usage in the insurance industry in the coming year?Frequency871328430Social media30(Round to two decimal places as needed.)b. What conclusions can you reach concerning expected technology usage in the insurance industry in the coming year? Select all that apply.O A. More than half of the insurance professionals expect the insurance industry to use "loT: retail insurance", and "loT: commercial insurance" the most.O B. Less than a quarter of professionals responded with the need for "Social media."O C. Together, the usage of "loT: commercial insurance," "Blockchain technology." and "Wearable technology" made up less than a quarter of the responses.53°FP Type here to search89623Co3.4.TYRIG

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Answered: A survey of insurance professionals…

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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You may need to use the appropriate appendix table or technology to answer this question. A national standardized test consists of three parts: critical reading, mathematics, and writing. Suppose each part of the test is scored on a 200- to 800-point scale with a median of approximately 510. Scores for each part of the test can be assumed to be symmetric. Use the following data to test the hypothesis that the population median score for the students taking the writing portion of the test is 510. 635 701 439 447 464 502 405 453 471 476 447 590 337 387 514 State the null and alternative hypotheses. O Ho: Median # 510 H₂: Median = 510 O Ho: Median 2 510 H₂: Median 510 ✓ Find the value of the test statistic. T = Find the p-value. (Round your answer to four decimal places.) p-value = Using a = 0.05, what is your conclusion? O Reject Ho. There is sufficient evidence to conclude that the population median writing test score is not 510. Ⓒ Do not reject Ho. There is not sufficient evidence to…
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