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Need help on these questions immeidatiely. I will be appreciated. Question: v ofStep1of3 nostes| Question 1 of 6 Step 1 of 3 Insurance Company A
Need help on these questions immeidatiely. I will be appreciated.
Question 1 of 6 Step 1 of 3 Insurance Company A claims that its customers pay less for car insurance, on average, than customers of its competitor, Company 3. You wonder if this is true, so you decide to compare the average monthly costs of similar insurance policies from the two companies. For a random sample of 10 people who buy insurance from Company A. the mean cost is $151 per month with a standard deviation of $18. For 7 randomly selected customers of Company 8, you find that they pay a mean of 59 per month with a standard deviation of 6. Assume that both populations are approximately normal and that the population variances are equal to test Company A's claim at the 0.02 level of significance. Let customers of Company A be Population 1 and let customers of Company 8 be Population 2. Step 1 of 3: State the null and alternative hypotheses for the test. Fill in the blank below. Answer 1 Point Tables Keypad Keyboard Shortcuts
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