Question
Annual expenses 2016 2017 340 374 560 476 816 850 238 136 374 340 646 748 612 510 136 162 850 816 1054 1190 298
Annual expenses | |
2016 | 2017 |
340 | 374 |
560 | 476 |
816 | 850 |
238 | 136 |
374 | 340 |
646 | 748 |
612 | 510 |
136 | 162 |
850 | 816 |
1054 | 1190 |
298 | 238 |
272 | 366 |
578 | 510 |
340 | 408 |
476 | 510 |
748 | 680 |
204 | 170 |
774 | 816 |
510 | 570 |
408 | 468 |
The manager of an health insurance company in Brampton wonders whether the members needed more chiropractic help in 2017 than in 2016, on average. He found a random sample of those who were treated by chiropractic doctors in both years. Data provided in TERMTESTDATA file. Perform an Hypothesis test to check whether annual expenses increased, on average. For the test use Data Analysis t-Test: Paired Two Sample for Means and 2% significance level.
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Statistics For Management And Economics
Authors: Gerald Keller
11th Edition
978-1337296946, 1337296945, 1337093459, 978-1337516723, 1337516724, 978-1337093453
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