In: Statistics and Probability
Insurance adjusters are concerned about the high estimates they are receiving from Jocko’s Garage. To see if the estimates are unreasonably high, each of 10 damaged cars was taken to Jocko’s and to another garage and the estimates recorded. Test the null hypothesis there is no difference between the estimates of the two garages. (Paired samples).
Car | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
Jocko’s | 1375 | 1550 | 1250 | 1300 | 900 | 1500 | 1750 | 3600 |
2250 |
2800 |
Other | 1250 | 1300 | 1250 | 1200 | 950 | 1575 | 1600 | 3300 | 2125 | 2600 |