The records of a casualty insurance company show that, in the past, its clients have had a mean of 1.7 auto accidents per day with a variance of 0.0036 . The actuaries of the company claim that the variance of the number of accidents per day is no longer equal to 0.0036 . Suppose that we want to carry out a hypothesis test to see if there is support for the actuaries' claim. State the null hypothesis H, and the alternative hypothesis H, that we would use for this test. Ho: 0 H1: 0

MATLAB: An Introduction with Applications
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The records of a casualty insurance company show that, in the past, its clients have had a mean of 1.7 auto accidents per
day with a variance of 0.0036 . The actuaries of the company claim that the variance of the number of accidents per day is no
longer equal to 0.0036 . Suppose that we want to carry out a hypothesis test to see if there is support for the actuaries' claim.
State the null hypothesis H, and the alternative hypothesis H, that we would use for this test.
Но: ‑
H1: 0
O<O
OSO
D=D
Transcribed Image Text:The records of a casualty insurance company show that, in the past, its clients have had a mean of 1.7 auto accidents per day with a variance of 0.0036 . The actuaries of the company claim that the variance of the number of accidents per day is no longer equal to 0.0036 . Suppose that we want to carry out a hypothesis test to see if there is support for the actuaries' claim. State the null hypothesis H, and the alternative hypothesis H, that we would use for this test. Но: ‑ H1: 0 O<O OSO D=D
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