Which group has more variability in the Severity (for the 3 years) using the range?
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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Transcribed Image Text:Which group has more variability in the Severity (for the 3 years) using the range?
NARRBEGIN: CLAIMS DATA GROUP A AND B
Data of claims for a group A of home in a city is as follows
# of claims
Total
Year
Losses
$ 820,000.00
$ 795,000.00
$ 725,000.00
1
520
2
480
3
380
Data of claims for a group B of home in a city is as follows
# of claims
Total
Year
Losses
$ 370,000.00
$ 450,000.00
$ 305,000.00
1
350
420
3
340
NARREND
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
Group A
b
Group B
The groups are equal
d
Cannot determine
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