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 Ho and the alternative hypothesis H₁ that we would use for this test. Ho: D H₁: 0 H □□ XI a > Р S 0<0 ח<ח

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter4: Writing Linear Equations
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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 Hô and the alternative
hypothesis H₁ that we would use for this test.
Ho: 0
H₁:0
3
<Q
OSO
|x
0=0
р
0#0
S
O<O
ロミロ
0<0
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 Hô and the alternative hypothesis H₁ that we would use for this test. Ho: 0 H₁:0 3 <Q OSO |x 0=0 р 0#0 S O<O ロミロ 0<0
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