Lssn 13.docx - xxxx xxxx xxxx xxxx xxxx In this essay I\u2019ll develop a summary report for the vice president of Land and Agua Insurance Company and

Lssn 13.docx - xxxx xxxx xxxx xxxx xxxx In this essay...

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In this essay I’ll develop a summary report for the vice president of Land and Agua Insurance Company and provide recommendations. First, I’ll use the two-sample hypothesis test comparing old call time to new call time at a 0.5 level of significance and discuss the hypothesis test assumptions and test used. Next, I’ll provide the test statistic, p-value, and evaluate the results of the hypothesis test. I’ll also use new call time and coded quality and develop a prediction equation for new call time. Furthermore, I’ll evaluate the model and discuss the coefficient of determination, significance, and use the prediction equation to predict a call time if there is a defect. Finally, I’ll evaluate whether the new call time meets customer specification.
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To develop a summary report for the president Land and Agua Insurance Company, we first need to develop a two-sample hypothesis test. To get this, we can use Microsoft Excel and use the t-test two sample assuming unequal variances. The results show us the old call time mean
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  • Fall '12
  • Donnelly
  • Statistics, Statistical hypothesis testing, vice president, Agua Insurance Company, Agua Insurance, old call time

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