A life insurance representative believes that the mean age of people who buy their first life insurance plan is less than 35.To test his belief he takes a random sample of 15 customers who have just purchased their first life insurance.Their ages are 42,43,28,34,30,36,25,29,32,33,27,30,22,37,and 40.There is not enough evidence to say the data are nonnormal.Can we conclude at the 1% significance level that the insurance representative is correct?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q50: Mystic Pizza
Mystic Pizza in Mystic,Connecticut,advertises that
Q51: The air pumps at service stations come
Q52: The chi-squared distribution can be used in
Q53: Tire Rotation
The manager of a service
Q54: A random sample of 25 observations is
Q56: During a natural gas shortage,a gas company
Q57: A condition of using the chi-squared test
Q58: A random sample is drawn from a
Q59: The test statistic used to test hypotheses
Q60: The statistic (n − 1)s2 / σ2
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