Answer:
13,800
Step-by-step explanation:
Answer:
Step-by-step explanation:
Given the following :
Single policy holders (n1) = 900
Number making claims (x1) = 135
Married Policy holders (n2) = 400
Number making claims (x2) = 24
α = 0.05
a. Use a level of significance α = 0.05. Test to determine whether the claim rates differ between single and married male policyholders. Explain your determination.
Null: p1 - p2 = 0
Alternative : p1 - p2 ≠ 0
p = (n1p1 + n2p2) / n1 + n2 ;
p1 = x1/n1 = 135 / 900 = 0.15
p2 = x2/n2 = 24 / 400 = 0.06
p = (900*0.15 + 400*0.06) / (900 + 400)
p = 0.1223076
Test statistic (z):
(p1 - p2) / √p(1-p)(1/n1 + 1/n2)
(0.15 - 0.06) / √0.12231(1-0.12231)(1/900 + 1/400)
= 4.5710979
Decision:
Reject Null if P < α
Obtaining p value from z score using calculator :
P value = 0.0001
0.0001 < 0.05
Hence,
Reject Null
Answer:
sorry i didnt really understand
Answer:
96
Step-by-step explanation:
Answer:
cost of each video game = $5.50
cost of each movie = $4.25.
Step-by-step explanation:
Let m represent cost per movie
g represents cost per video game.
Create two equations to represent the total cost Tammy rented movie and video games in each month, and solve simultaneously for each variable:
First month:
=> equation 1
Second month:
=> equation 2
Multiply equation 1 by 4, and multiply equation 2 by 2 to derive:
4 ×
2 ×
=> equation 3
=> equation 4
Subtract equation 4 from equation 3
You'd have:
- 4g = - 22
Divide both sides by -4
g = 5.5
Thus, the cost of each video game = $5.50.
Substitute g = 5.5 in equation 1 and solve for m.
Subtract 16.5 from each side
Divide both sides by 2
Thus, cost of each movie = $4.25.