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kotykmax [81]
3 years ago
8

The accounting at GEICO notices that the average claim might be larger than $1800, which was previously set as a true average cl

aim amount.
If the actual average is higher, the company will be loosing money in the long run. They ran domly select 45 claims, and calculate a sample mean of S1,920.

Suppose that the variance of claims is known to be equal to S1600.

(a) Set the significance level to α 0.05 and use the hypothesis testing to check if the average claim is larger than $1800.

(b) Find the probability of Type I error.

(c) Find the p-value corresponding to the given sample.
Mathematics
1 answer:
puteri [66]3 years ago
3 0

Answer:

I’m not really sure

Step-by-step explanation:

Look at someone else’s answer

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Given a function f(x), the range of the inverse of f(x) will be the domain of the function f(x) and the range of the domain of f(x) will be the range of the inverse function.

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