An insurance agent randomly selected 10 of his clients andchecked online price quotes for their policies. His summaries ofthe data are? shown, where Diff is Local minus?Online.
Variable Count Mean StdDev
Local 10 884.200 316.487
Online 10 826.300 249.734
Diff 10 57.9000 181.582
Test an appropriate hypothesis to see if there is evidence thatdrivers might save money by switching to an online agent.
Use ?= 0.05. HO?: ?d=0 HA?: ?d>0
Compute the test statistic and Find the? P-value.