The following hypotheses will be assesses:

Research Question 1

Is there a significant difference in the proportion of claims by the state of the property (NSW, QLD) ?

Statistical Analysis

The following table shows the corresponding contingency table:

We are interested in testing the following null and alternative hypotheses:

\[\begin{aligned}{{H}_{0}}:\,\,\, \text{State of the property}\text{ and }\text {Existence of claims}\text{ are independent} \\ {{H}_{A}}:\,\,\,\text{State of the property}\text{ and }\text {Existence of claims}\text{ are NOT independent} \\ \end{aligned}\]

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Solution: The downloadable solution consists of 11 pages, 515 words and 24 charts.
Deliverable: Word Document