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An insurance company and Akron would like to determine the proportion of all homeowners and Akron, who have filed a storm drain claim last year.
An insurance company and Akron would like to determine the proportion of all homeowners and Akron, who have filed a storm drain claim last year. They decide to conduct a sample survey to estimate the proportion of all homeowners who are filed a storm damage claim in the last year and the home ages. Akon has 10 wards. according to census Bereau Akron has 189,347 residence with a total number of homeowners at 83,538. a random sample of 10 homeowners is selected from each ward and their insurance claims explained. the sample showed that 16% have filed storm damage claims in the last year. use this information for the remaining problems. Define the population What is the sample and what sampling technique was used to collect the sample? Identify the parameters and specifics their values Is this an observational or experimental study? Explain
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