Insurance adjusters are concerned about the high estimates they are receiving from Jocko’s Garage. To see...

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

Solutions

Expert Solution

Let alpha = 0.05

We can say that there is a difference

orchestra answered 2 years ago

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