Automobile insurance appraisers examine cars that have been involved in accidental collisions to assess the cost of repairs. An insurance executive is concerned that different appraisers produce significantly different assessments. In an experiment 10 cars that have recently been involved in accidents were shown to two appraisers. Each assessed the estimated repair costs. These results are shown below. Can the executive conclude at the 5% significance level that the appraisers differ in their assessments?
Use the Data Analysis software if you prefer.
Test statistic =
Critical Value(s) =
Conclusion:
Interpretation: ____________________________

Question

Automobile insurance appraisers examine cars that have been involved in accidental collisions to assess the cost of repairs. An insurance executive is concerned that different appraisers produce significantly different assessments. In an experiment 10 cars that have recently been involved in accidents were shown to two appraisers. Each assessed the estimated repair costs. These results are shown below.

Can the executive conclude at the 5% significance level that the appraisers differ in their assessments?
Use the Data Analysis software if you prefer.
Test statistic = ______________
Critical Value(s) = ______________
Conclusion: ______________
Interpretation: __________________________________________

sukhjinder chahal · Accepted Answer

Final Answer : 1.802; 2.262; Do not reject H 0 ; The appraisers DO NOT differ in their assessments

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