Purchase Solution

Paired t test

Not what you're looking for?

Ask Custom Question

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 amount deductible and limits of liability, are standardized. The sample information is reported below. At the .10 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

Purchase this Solution
Solution Summary

Step by step method for testing the hypothesis under 5 step approach is discussed here.

Purchase this Solution
Free BrainMass Quizzes
Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

View More Free Quizzes
Related BrainMass Solutions

  • independent t test versus paireed t test

    the two-sample independent t test to the paired t test.

  • Difference between paired t teat & independent sample t test

    The solution gives the situations in which paired t test and independent sample t test are appropriate.

  • Hypotheses Used for Paired T-tests

    563365 Hypotheses Used for Paired T-tests First, explain in your own words (no direct quotes, please) when you might employ a paired t-Test. Secondly, describe in words the hypothesis that is used for a paired t-Test.

  • Conditions for Use of a Paired T-Test - Statistics Students

    465518 Conditions for Use of a Paired T-Test Explain in which conditions a paired t test is used for the mean difference between two related populations?

  • Assessing a Paired T-test

    This solution is comprised of a detailed explanation of Paired T-test. This solution mainly discussed the use of Paired T-test with respect to the situation.

  • Paired t-test

    Since we know that this is a paired t-test, it is fine to enter the data in Excel the way it is now. To do a paired t-test, go to analyze  compare means  paired t-test. The paired variables are country and classical.

  • Paired Students t test.

    in the average of x and y The solution gives the details of paired t test.

  • Exploratory data analysis & t-test with pre &post Creativity

    Exploratory data analysis and dependent t-test (i.e., paired-samples t-test) outputs from SPSS on CreativityPre, CreativityPost variables with explanations. Charts that display the relevant information for these two variables are included.

  • Hypothesis Test - Paired Samples

    Using sample data, we will conduct a paired sample t-test to test the null hypothesis. Since the alternative hypothesis is the given test is an upper-tail t-test.

  • T-Test - Applied Statistics for Psychology

    Step 1: Before you write Ho and Ha, determine what type of test needs to be used. Your choices are t-test for independent samples, t-test for a single sample, or paired sample t-test.

View More Related Solutions