Does where you live affect your insurance rate? The mean auto insurance rate for 29 drivers in a large city is $1,837 per car with a standard deviation of $337 while the mean rate for 23 drivers in a rural area is $1,613 with a standard deviation of $258. At a = 0.025, can we conclude that drivers in the large city pay higher insurance rates than those in the rural area, assuming the population variances are equal? T-Distribution Table
Does where you live affect your insurance rate? The mean auto insurance rate for 29 drivers in a large city is $1,837 per car with a standard deviation of $337 while the mean rate for 23 drivers in a rural area is $1,613 with a standard deviation of $258. At a = 0.025, can we conclude that drivers in the large city pay higher insurance rates than those in the rural area, assuming the population variances are equal? T-Distribution Table
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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Transcribed Image Text:a. Calculate the test statistic.
Question
t=
Round to three decimal places if necessary
b. Determine the critical value(s) for the hypothesis test.
Round to three decimal places if necessary

Transcribed Image Text:Does where you live affect your insurance rate? The mean auto insurance rate for
29 drivers in a large city is $1,837 per car with a standard deviation of $337 while
the mean rate for 23 drivers in a rural area is $1,613 with a standard deviation of
$258. At a = 0.025, can we conclude that drivers in the large city pay higher
insurance rates than those in the rural area, assuming the population variances
are equal?
T-Distribution Table
a. Calculate the test statistic.
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