Conduct a hypothesis test showing all of your steps. An insurance agent says the standard deviation of the total bill for hospital patients who were involved in serious vehicles accidents was less than $17,800. A random sample of 29 bills had a standard deviation of $16,023. Test the claim with a 0.10 level of significance. 1. What is/are the critical value(s)? Draw a pi

A First Course in Probability (10th Edition)
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Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Conduct a hypothesis test showing all of your steps.

An insurance agent says the standard deviation of the total bill for hospital patients who were involved in serious vehicles accidents was less than $17,800. A random sample of 29 bills had a standard deviation of $16,023. Test the claim with a 0.10 level of significance.

1. What is/are the critical value(s)? Draw a picture.

2. What is the test-statistic?

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