Question
The number of new applicants (N = 1000) for four (4) types of Life Insurance policies are shown in the Table below. insurance policy O
The number of new applicants (N = 1000) for four (4) types of Life Insurance policies are shown in the Table below.
insurance policy O = observed expected
annual renewal 240
specialized 160
universal life 280
whole life 320
If it was "assumed" that it was equally likely that people would choose one of these 4 Insurance policies, what is the Expected (E) count for each Policy ? Compute the GOF test statistic W
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How To Prove It A Structured Approach
Authors: Daniel J Velleman
2nd Edition
0511159439, 9780511159435
