Question: Question 5 : a) Based on your dataset, is the average age of the drivers who are involved in a fatal accident significantly more than
Question 5 :
a) Based on your dataset, is the average age of the drivers who are involved in a fatal accident significantly more than the average age of the drivers who are involved in a non-fatal accident? Test at the 10% level of significnace.
b) Provide the possible reasons why you should expect to find a significant statistical difference between the ages of these 2 groups.
c) Based on your findings, should the insurance company charge higher premiums based on the collision severity? Explain your reasoning.
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