Approximate the P-value for this hypothesis test The P-value is in the range What is the conclusion? the nut hypothesis and conclude there sufficient evidence that the of 30-to 59-year-old drivers is The 0.01 level of significance. It seems that 20-to 24-year-old drivers pay a higher insurance of 20 to 24-year-old dete Time Remaining: 00:20 Next Automobile colision insurance is used to pay for any claims made against the driver in the event of an accident. This type of insurance will typically pay to repair any assets that your vehicle damages. Complete parts (a) and (b) Click here to view the standard normal distribution table loage.1) Click here to view the standard normal distribution table loage 21 Click here to view table of critical values (a) Collision claims tend to be skewed right. Why do you think this is the case? OA Most claims are either low value or high value, with not many claims for moderate values OB. Most claims are moderate, but there are some claims that are much higher than the average OC. Most claims are moderate with similar numbers of low value and high value claims OD. Most claims are high, but there are some claims that are much lower than the average (b) A random sample of 40 collision claims of 30- to 50-year-old drivers results in a mean claim of $3673 with a standard deviation of $2037 An independent random sample of 40 collision claims of 20-to 24-year-old drivers results in a mean claim of $4577 with a standard deviation of $2340. Using the concept of hypothesis testing, determine if a higher insurance premium should be paid by 20- to 24-year-old drivers. Use a a 0.01 level of significance. State the approp conclusion The given situation is about a Lat population 1 be all collision claims of 30- to 50-year-old drivers and lat poputation 2 be all collision claims of 20- to 24-year-old drivers. Wire the hypotheses for the test. My H Calculate the test stat Round to two decimal places as needed) Approximate the value for this Typothesi The P-value is in the range What is the conclusion Time Remaining: 002731