The records of a casualty insurance company show that, in the past, its clients have had a mean of 1.9 auto accidents per day with a variance of 0.0025 . The actuaries of the company claim that the variance of the number of accidents per day is no longer equal to 0.0025 . Suppose that we want to carry out a hypothesis test to see if there is support for the actuaries' claim. State the null hypothesis H0 and the alternative hypothesis H1 that we would use for this test. H0:H1:
The records of a casualty insurance company show that, in the past, its clients have had a mean of 1.9 auto accidents per day with a variance of 0.0025 . The actuaries of the company claim that the variance of the number of accidents per day is no longer equal to 0.0025 . Suppose that we want to carry out a hypothesis test to see if there is support for the actuaries' claim. State the null hypothesis H0 and the alternative hypothesis H1 that we would use for this test. H0:H1:
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 a casualty insurance company show that, in the past, its clients have had a mean of
auto accidents per day with a variance of
. The actuaries of the company claim that the variance of the number of accidents per day is no longer equal to
. Suppose that we want to carry out a hypothesis test to see if there is support for the actuaries' claim. State the null hypothesis
and the alternative hypothesis
that we would use for this test.
1.9
0.0025
0.0025
H0
H1
H0:H1:
|
|
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