Based on information from a large insurance company, 68% 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.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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Based on information from a large insurance company, 68% 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.

 

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