The Engineering Faculty Association (EFA) of a certain university wishes to establish a long - term


Question: The Engineering Faculty Association (EFA) of a certain university wishes to establish a long - term disability insurance plan for its members. Moon Life, the insurance company selected by the EFA to provide this service offers three packages R1, R2 and R3. In order to find the preferences of the members, the president of EFA conducted a survey. The result are tabulated below:

Insurance Package

Rank

Full Professor Associate Professor Assistant Professor Lecturer
Package R1 22 30 46 58
Package R2 12 14 14 26
Package R3 18 20 36 34

Use the data obtained from the survey to test the hypothesis that “Insurance Package” and “Rank” are independent events. Let α=0.05.

Price: $2.99
Solution: The solution consists of 2 pages
Type of Deliverable: Word Document

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