An insurance agent randomly selected 10 of his clients and checked online price quotes for their policies. His summaries of the data are​shown, where Diff is Local−Online. Test an appropriate hypothesis to see if there is evidence that drivers might save money by switching to an online agent. Use α=0.05. Find t-test and P-value. Variable Count Mean StdDev   Local 10 971.000 374.343   Online 10 911.400 319.787   Diff 10 59.6000 176.841

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An insurance agent randomly selected 10 of his clients and checked online price quotes for their policies. His summaries of the data are​shown, where Diff is Local−Online.

Test an appropriate hypothesis to see if there is evidence that drivers might save money by switching to an online agent. Use α=0.05.

Find t-test and P-value.

Variable
Count
Mean
StdDev
 
Local
10
971.000
374.343
 
Online
10
911.400
319.787
 
Diff
10
59.6000
176.841
 
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