Insurance companies track life expectancy information to assist in determining the cost of life insurance policies. Last year the average life expectancy of all policyholders was 77 years. ABI Insurance wants to determine if their clients now have a longer life expectancy, on average, the correct conclusion? they randomly sample 20 of their recently paid policies. The sample has a mean of 78.6 years and a standard deviation of 4.48 years. The p-value associated with the resulting test statistic is 0.063. At a= 0.05, which of the following is O A. We fail to reject the null hypothesis. OB. We reject the null hypothesis. OC. There is not significant evidence to indicate an increase in average life expectancy. OD. Both A and C OE. Both B and C

Insurance companies track life expectancy information to assist in determining the cost of life insurance policies. Last year the average life expectancy of all policyholders was 77 years. ABI Insurance wants to determine if their clients now have a longer life expectancy, on average, the correct conclusion? they randomly sample 20 of their recently paid policies. The sample has a mean of 78.6 years and a standard deviation of 4.48 years. The p-value associated with the resulting test statistic is 0.063. At a= 0.05, which of the following is O A. We fail to reject the null hypothesis. OB. We reject the null hypothesis. OC. There is not significant evidence to indicate an increase in average life expectancy. OD. Both A and C OE. Both B and C

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Description: Insurance companies track life expectancy information to assist in determining the cost of life insurance policies. Last year the average life expectancy of all policyholders was 77 years. ABI Insurance wants to determine if their clients now have a

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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