Discuss the below:
Q1: A recent study focused on the number of times men and women who live alone buy take-out in a month. The information is summarized below
|
Statistic
|
Men
|
Women
|
|
Sample Mean
|
24.51
|
22.69
|
|
Population Standard Deviation
|
4.48
|
3.86
|
|
Sample Size
|
35
|
40
|
Q2: At the .01 significance level, is there a difference in the mean number of times men and women order take out dinners in a month? What is the p-value?
Grand Strand Family Medical center is specifically set up to treat minor medical emergencies for visitors to the Myrtle Beach area. There are two facilities, on in the Little River area, and the other in Murrells Inlet. The Quality Assurance Department wishes to compare mean waiting times for patients in two locations. Samples of waiting times, reported in minutes follow:
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Location Waiting time
|
|
Little River 31.73 28.77 29.53 22.08 29.47 18.60 32.94 25.18 29.82 26.49
|
|
Murrells Inlet 22.93 23.92 26.92 27.20 26.44 25.62 30.61 29.44 23.09 23.10 29.69 22.31
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Assume the population standard deviations are not the same. At the .05 significance level, is there a difference in the mean waiting time?
Q3: The president of the American Insurance Institute wants to compare the yearly costs of auto insurance offered by two leading companies. He selects a sample of 15 families, some with only a single insured driver, others with several teenage drivers, and pays each family a stipend to contact the two companies and ask for a price quote. To make the data comparable , certain features, such as the deductible amount and limits of liability, are standardized. The sample information is reported below. At the .01 significance level, can we conclude that there is a difference in the amounts quoted?
|
Family
|
Progressive Car Insurance
|
GEICO Mutual Insurance
|
|
Becker
|
$2,090
|
$1,610
|
|
Berry
|
$1,683
|
$1,247
|
|
Cobb
|
$1,402
|
$2,327
|
|
Debuck
|
$1,830
|
$1,367
|
|
Dubrul
|
$930
|
$1,461
|
|
Eckroate
|
$697
|
$1,789
|
|
German
|
$1,741
|
$1,621
|
|
Glasson
|
$1,129
|
$1,914
|
|
King
|
$1,018
|
$1,956
|
|
Kucic
|
$1,881
|
$1,772
|
|
Meredith
|
$1,571
|
$1,375
|
|
Obeid
|
$874
|
$1,527
|
|
Price
|
$1,579
|
$1,767
|
|
Phillips
|
$1,577
|
$1,636
|
|
Tresize
|
$860
|
$1,188
|