Insurance companies track life expectancy information to assist in determining the cost of life insurance policies.Last year the average life expectancy of all policyholders was 77
Years.ABI Insurance wants to determine if their clients now have a longer life expectancy,
On average, so they randomly sample some of their recently paid policies.The insurance
Company will only change their premium structure if there is evidence that people who buy
Their policies are living longer than before.Which of the following statement is true about
This hypothesis test?
A) It is a one tailed test about a mean.
B) It is a one tailed test about a proportion.
C) It is a two tailed test about a mean.
D) It is a two tailed test about a proportion.
Correct Answer:
Verified
Q1: A large software development firm recently
Q2: A psychologist claims that more than 2.2%
Q4: In the past, the mean running
Q5: A company that sells eco-friendly cleaning products
Q6: Marcy's Consignment shop is based in
Q7: In 2014 , the average math
Q8: An entomologist writes an article in
Q9: Insurance companies track life expectancy information
Q10: Top management of a large multinational
Q11: A skeptical paranormal researcher claims that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents