A consumer agency wanted to investigate if four insurance companies differed with regard to the pr
Question: A consumer agency wanted to investigate if four insurance companies differed with
regard to the premiums they charge for auto insurance. The agency randomly selected
a few auto drivers who were insured by these four companies and had similar driving
records, autos and insurance policies. The following table gives the premiums paid per
month by these drivers with these four insurance companies.
COMPANY A COMPANY B COMPANY C COMPANY D
75 59 65 76
83 75 70 60
68 100 97 52
52 90 58
73
Assume all assumptions are satisfied and test the hypothesis that the population means are the same using a 1% level of significance.
Price: $2.99
Solution: The solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
