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Test driving habits of women age 16-24

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The insurance company is reviewing the driving habits of women aged 16-24 to determine if they should continue to pay higher premiums than women in a higher age bracket. In a study of 750 rendomly selected women drivers aged 16-24, the mean driving distance for one year is 6900 miles. The population standard deviation is 2944 miles. Use a 0.01 significance level to test the claim that the population mean for women in the 16-24 age bracket is less than 7124 miles, which is the known mean for women in the higher age bracket. (Use the p-value approach to run this test)

Hypothesis Statement:

Test Value:
P-Value:
Conclusion:
Summary:

Interpret the p-value above using in at least 3 complete sentences.

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The expert examines test driving habits of women age 16-24.

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