H 0 020 S 0<0 5

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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The records of an accident insurance company show that, in the past, its clients had an average of 1.9car accidents per day with a standard deviation of0.06.
Company actuaries state that the standard deviation of the number of accidents per day is no longer equal to0.06. Suppose we want to perform a hypothesis
test to see if the actuaries' claim can be supported. Formulate the null hypothesish and the alternative hypothesish that would be used to perform this test.
ho: 0
h₁:0
μ
<o
XI
D
O≤O 0>0
X
ロ=ロ □≠0
р
S
O<O
☐☐
Transcribed Image Text:The records of an accident insurance company show that, in the past, its clients had an average of 1.9car accidents per day with a standard deviation of0.06. Company actuaries state that the standard deviation of the number of accidents per day is no longer equal to0.06. Suppose we want to perform a hypothesis test to see if the actuaries' claim can be supported. Formulate the null hypothesish and the alternative hypothesish that would be used to perform this test. ho: 0 h₁:0 μ <o XI D O≤O 0>0 X ロ=ロ □≠0 р S O<O ☐☐
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