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The Excel output below shows the result of a hypothesis test which explores whether male drivers pay more in insurance premium than female drivers (at
The Excel output below shows the result of a hypothesis test which explores whether male drivers pay more in insurance premium than female drivers (at 5% alpha). The critical value for this test is ___________ t-Test: Two-Sample Assuming Unequal Variances Male Female Mean $344.10 $245.60 Variance 8681.43 6102.93 Observations 10 10 Hypothesized Mean Difference 0 df 18 t Stat 2.56 P(T<=t) one-tail 0.01 t Critical one-tail 1.74 P(T<=t) two-tail 0.02 t Critical two-tail 2.11 Question 37 options: a) 0.02 b) 1.74 c) 2.56 d) 0.01 e) 2.11
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