The table below shows the auto insurance quotes for two leading companies for a sample of 15 families. Assume the populations SDs are similar, but unknown. The President of the American Insurance Institute wants to compare the yearly costs of such insurance offered by the two companies. At the 0.10 level of significance, can we conclude that there is a difference in the amounts quoted? Families Southern Car American Mutual ($) ($) 1 2090 1610 2 1683 1247 3 1402 2327 4 1830 1367 5 930 1461 6 697 1789 7 1741 1621 8 1129 1914 9 1018 1956 10 1881 1772 11 1571 1375 12 874 1527 13 1579 1767 14 1577 1636 15 860 1188
The table below shows the auto insurance quotes for two leading companies for a sample of 15 families. Assume the populations SDs are similar, but unknown. The President of the American Insurance Institute wants to compare the yearly costs of such insurance offered by the two companies. At the 0.10 level of significance, can we conclude that there is a difference in the amounts quoted? Families Southern Car American Mutual ($) ($) 1 2090 1610 2 1683 1247 3 1402 2327 4 1830 1367 5 930 1461 6 697 1789 7 1741 1621 8 1129 1914 9 1018 1956 10 1881 1772 11 1571 1375 12 874 1527 13 1579 1767 14 1577 1636 15 860 1188
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 8SGR
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Question
The table below shows the auto insurance quotes for two leading companies for a sample of 15 families. Assume the populations SDs are similar, but unknown. The President of the American Insurance Institute wants to compare the yearly costs of such insurance offered by the two companies. At the 0.10 level of significance, can we conclude that there is a difference in the amounts quoted?
Families |
Southern Car |
American Mutual |
($) |
($) |
|
1 |
2090 |
1610 |
2 |
1683 |
1247 |
3 |
1402 |
2327 |
4 |
1830 |
1367 |
5 |
930 |
1461 |
6 |
697 |
1789 |
7 |
1741 |
1621 |
8 |
1129 |
1914 |
9 |
1018 |
1956 |
10 |
1881 |
1772 |
11 |
1571 |
1375 |
12 |
874 |
1527 |
13 |
1579 |
1767 |
14 |
1577 |
1636 |
15 |
860 |
1188 |
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