[See Solution] Parents of teenage boys often complain that auto insurance costs more, on average, for teenage boys than for teenage girls. A group of concerned
Question: Parents of teenage boys often complain that auto insurance costs more, on average, for teenage boys than for teenage girls. A group of concerned parents examines a random sample of insurance bills. The mean annual cost for 36 teenage boys was $681. For 36 teenage girls, it was $563. From past years, it is known that the population standard deviation for each group is $180.
Determine whether or not you believe that the mean cost for auto insurance for teenage boys is greater than that for teenage girls. Make sure you include the following information:
null and alternative hypotheses in words and symbols
the random variable
indicate whether this is a one- or two-tailed test
the distribution you use to perform the test
test statistic
the p -value
decision and reason for the decision
Conclusion
Deliverable: Word Document 