Exhibit 11-2
An insurance company selected samples of clients under 18 years of age and over 18 and recorded the number of accidents they had in the previous year. The results are shown below.

-Refer to Exhibit 11-2. The p-value is
A)less than 0.001
B)more than 0.10
C)0.0228
D)0.3

Question

Exhibit 11-2
An insurance company selected samples of clients under 18 years of age and over 18 and recorded the number of accidents they had in the previous year. The results are shown below.
 
-Refer to Exhibit 11-2. The p-value is
A)less than 0.001 
B)more than 0.10 
C)0.0228 
D)0.3

Quizplus · Accepted Answer

The p-value is less than 0.001, which is less than the significance level of 0.05. This means that the results are statistically significant and that there is a less than 0.001 probability that the results occurred by chance.

Exhibit 11-2 An Insurance Company Selected Samples of Clients Under 18 Years