In: Statistics and Probability
A survey of 200 drivers who were at fault in an accident found that 62% were dropped by their insurance carrier. Conduct a hypothesis test at a 0.10 level of significance to determine if the percentage of drivers dropped by the insurance carrier is different than 60%. State the null and alternate hypotheses. Use whichever applicable approach to hypothesis testing that you prefer, specify the numerical comparisons to be made, and state your conclusion.