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The distribution of claim size for a car insurance company in 2007 was normally distributed with a mean of $1200 and a standard deviation of

The distribution of claim size for a car insurance company in 2007 was normally distributed with a mean of $1200 and a standard deviation of $240. A random sample of 50 claims made in the year 2008 yielded a mean of $1150. Test whether the population mean claim has decreased using = 0.05.

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