MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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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
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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.
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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.
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