The records of a casualty insurance company show that, in the past, its clients have had a mean of 1.9 auto accidents per day with a variance of 0.0025. The actuaries of the company claim that the variance of the number of accidents per day is no longer equal to 0.0025. Suppose that we want to carry out a hypothesis test to see if there is support for the actuaries' claim. State the null hypothesis H, and the alternative hypothesis H, that we would use for this test. Ho: 0 H: 0 OsO Ix

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.CR: Chapter 13 Review
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The records of a casualty insurance company show that, in the past, its clients have had a mean of 1.9 auto accidents per day with a variance of 0.0025. The
actuaries of the company claim that the variance of the number of accidents per day is no longer equal to 0.0025. Suppose that we want too carry out a
hypothesis test to see if there is support for the actuaries' claim. State the null hypothesis H and the alternative hypothesis H, that we would use for this test.
Ho: 0
H1: 0
OSO
O=0
口メロ
Transcribed Image Text:The records of a casualty insurance company show that, in the past, its clients have had a mean of 1.9 auto accidents per day with a variance of 0.0025. The actuaries of the company claim that the variance of the number of accidents per day is no longer equal to 0.0025. Suppose that we want too carry out a hypothesis test to see if there is support for the actuaries' claim. State the null hypothesis H and the alternative hypothesis H, that we would use for this test. Ho: 0 H1: 0 OSO O=0 口メロ
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