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 standard deviation of 0.04 . The actuaries of the company claim that the standard deviation of the number of accidents per day is no longer equal to 0.04. 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 standard deviation of 0.04 . The actuaries of the company claim that the standard deviation of the number of accidents per day is no longer equal to 0.04. 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
. The actuaries of the company claim that the standard deviation of the
1.9 auto accidents per day with a standard deviation of 0.04
number of accidents per day is no longer equal to 0.04. 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
|
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