Allstate Insurance is one of the major automobile insurance companies in the country. The western region claims
Question:
Allstate Insurance is one of the major automobile insurance companies in the country. The western region claims manager instructed an intern in her department to develop a confidence interval estimate of the difference between the mean years that male customers have been insured by Allstate versus female customers. The intern randomly selected 13 male and 13 female customers from the account records and recorded the number of years that each customer had been insured by Allstate.
These data (rounded to the nearest year) are as follows:
Males Females 14 9 9 16 3 10 4 7 14 8 12 11 10 5 4 1 6 9 10 7 4 4 6 9 3 2 Based on these data, construct and interpret a 90%
confidence interval estimate for the difference between the mean years for male and female customers. Assume equal population variances.
Step by Step Answer:
Business Statistics
ISBN: 9781292220383
10th Global Edition
Authors: David Groebner, Patrick Shannon, Phillip Fry