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
Type of Deliverable: Word Document