Question regarding the national percent

Assignment Help Finance Basics
Reference no: EM131042184

Based on information from a large insurance company, 66% of all damage liability claims are made by single people under the age of 25. A random sample of 54 claims showed that 41 were made by single people under the age of 25. Does this indicate that the insurance claims of single people under the age of 25 is higher than the national percent reported by the large insurance company? State the null and alternate hypothesis then give the test statistic and your conclusion.

Reference no: EM131042184

Questions Cloud

Implement the procedure remainder-terms and use : Using div-terms, implement the procedure remainder-terms and use this to define gcd-terms as above. Now write a procedure gcd-poly that computes the polynomial GCD of two polys.
How many votes their candidate has achieved on democratic : Each student will document how many votes their candidate has achieved on the democratic or republican side; how many delegates has been awarded them throughout the two months of primaries and causes; and their prognosis on how likely their candid..
Find at least three articles from good contemporary sources : Find at least three articles from good contemporary sources. Narrow your topic to one aspect of the issue. Examine the concerns of the church/churches on the issue (scripture, documents).
Distinguish between real intellectual and personal property : The focus of Week 4 is on the law related to real, intellectual, and personal property, the form of business organizations, and ethical issues faced by corporations and small businesses. By the end of Week 4, students should be able to distinguish..
Question regarding the national percent : Does this indicate that the insurance claims of single people under the age of 25 is higher than the national percent reported by the large insurance company? State the null and alternate hypothesis then give the test statistic and your conclusion..
True mean difference in the two techniques : Select a 90% confidence interval for the true mean difference in the two techniques
Why is the environment considered a part of sociology : Class, what do you think that the consequences of are of how society creates through the use of things like media our understanding of which diseases are important, etc.? Why do you think that pharmaceutical companies, for example, spend more time..
Rejection of the null hypothesis : An experimenter wants to conduct a hypothesis test on a claim that there was no difference between two population means. That is, H0: μ1 - μ2 = 0. Which of the following 95% confidence intervals on the difference, μ1 - μ2, would lead to rejection ..
Mortgages and taxes assignment : You are purchasing a business building valued at $225,000. You can find a mortgage at 5% if you can put 20% down. You believe your business can support a $1,000 a month mortgage payment (not including taxes and insurance). Should you select a 25 y..

Reviews

Write a Review

Finance Basics Questions & Answers

  Computing compound interest and annuity

As a financial planner a customer comes to you for investment advice. After meeting with him and understanding his requirements, you offer him the following two investment options:

  Determining present value and future value

You have just received a windfall from an investment you made in a friend's business. What is the present value of your windfall? What is the future value of your windfall in three years (on the date of the last payment)?

  Kinds of creatures

The five creatures are : Blasters, they are bombs. When they are mad they explode. Woogoes, they are half mud and half ghost they like to scare people.

  What is the estimated ocf for this project

The engineering department estimates you will need an initial net working capital investment of $580,000. You require a 18 percent return and face a marginal tax rate of 30 percent on this project.

  Calculate the aftertax cost of debt under each of the

calculate the aftertax cost of debt under each of the following conditions.yield corporate tax ratea. 8.00 18b. 12 34c.

  Consider the acquisition strategy of one of these two firms

consider the acquisition strategy of one of these two firms in the retail food industry whole foods and supervalu. in

  Using the sample financial statements create pro forma

decide upon an initiative you want to implement that would increase sales over the next five years.using the sample

  Suppose the real rate is 10 percent and the inflation rate

suppose the real rate is 10 percent and the inflation rate is 1 percent. what rate would you expect to see on a

  For the following year construct a pro-forma income

research a company of your choice and locate the latest financial statements published by the company.for the following

  Question regarding the capital budgeting

Hawaiian Coconut Milkshakes Inc. is considering the following project. They would liketo expand and add a pineapple branch. The firm has paid $195,000 to a consultant inorder to find out more about the available projects and possibilities.

  Compute an exponential smoothing forecast

The Oceanside hotel is adjacent to city coliseum, a 24,000-seat arena that is home to city's professional basketball and ice hockey teams and that hosts a many concerts, TV shows.

  Consider the information for the following four firms which

consider the information for the following four

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd