Homework Help is Here – Start Your Trial Now!
Math
Statistics
Does where you live affect your insurance rate? The mean auto insurance rate for 29 drivers in a large city is $1,837 per car with a standard deviation of $337 while the mean rate for 23 drivers in a rural area is $1,613 with a standard deviation of $258. At a = 0.025, can we conclude that drivers in the large city pay higher insurance rates than those in the rural area, assuming the population variances are equal? T-Distribution Table

Does where you live affect your insurance rate? The mean auto insurance rate for 29 drivers in a large city is $1,837 per car with a standard deviation of $337 while the mean rate for 23 drivers in a rural area is $1,613 with a standard deviation of $258. At a = 0.025, can we conclude that drivers in the large city pay higher insurance rates than those in the rural area, assuming the population variances are equal? T-Distribution Table

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
See similar textbooks
icon
Related questions
Question
a. Calculate the test statistic. Question t= Round to three decimal places if necessary b. Determine the critical value(s) for the hypothesis test. Round to three decimal places if necessary
Transcribed Image Text:a. Calculate the test statistic. Question t= Round to three decimal places if necessary b. Determine the critical value(s) for the hypothesis test. Round to three decimal places if necessary
Does where you live affect your insurance rate? The mean auto insurance rate for 29 drivers in a large city is $1,837 per car with a standard deviation of $337 while the mean rate for 23 drivers in a rural area is $1,613 with a standard deviation of $258. At a = 0.025, can we conclude that drivers in the large city pay higher insurance rates than those in the rural area, assuming the population variances are equal? T-Distribution Table a. Calculate the test statistic.
Transcribed Image Text:Does where you live affect your insurance rate? The mean auto insurance rate for 29 drivers in a large city is $1,837 per car with a standard deviation of $337 while the mean rate for 23 drivers in a rural area is $1,613 with a standard deviation of $258. At a = 0.025, can we conclude that drivers in the large city pay higher insurance rates than those in the rural area, assuming the population variances are equal? T-Distribution Table a. Calculate the test statistic.
Expert Solution
steps

Step by step

Solved in 4 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
SEE MORE TEXTBOOKS