An insurance company wants to study the chances that a teenaged driver who owns a sports car

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An insurance company wants to study the chances that a teenaged driver who owns a sports car will have an auto accident. Two thousand teenaged policyholders who own sports cars were sampled in the last year. Fifteen of them got into an accident and filed a claim for damages. Can the researcher reject the null hypothesis that less than 1 % of the policyholders got into accidents last year? Do a 5 % test.

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Related Book For  book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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