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1. What was the average effect of the process change? Did the process average increase or decrease and by how much?
2. Analyze the data using the regression model y = b0 + b1x, where y = time to approve and mail a claim (weekly average), x = 0 for the old process, and x = 1 for the new process.
3. How does this model measure the effect of the process change?
4. How much did the process performance change on the average?
(Hint: Compare the values of b1 and the average of new process performance minus the average of the performance of the old process.)
Attachment:- Insurance Claim Approval Times.rar
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