An unmarried 19-year-old who has just purchased his/her own 2-year-old Honda Civic might be asking,Why does auto
Question:
a. At first glance, does there seem to be a pattern to the relationship between the insurance premiums for males and females? Describe it.
b. Graphically describe each set of data—males, females, and difference—using a histogram and one other graph.
c. Find the mean and the standard deviation for each set of data: males, females, and difference.
d. Are the assumptions for a mean of a paireddifference confidence interval satisfied? Explain.
e. Using a 95% confidence interval, estimate the mean of the differences.Write a complete confidence interval statement.
f. Do your answers to the above questions suggest any evidence of a difference between the auto insurance rates for male and female 19-year-old drivers? Explain.
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