3. (a) You wish to study the difference in life expectancy between chimpanzees in the wild...
Insurance companies track life expectancy information to assist in determining the cost of life insurance policies. Life expectancy is a statistical measure of average time a person is expected to live, based on a number of demographic factors. Mathematically, life expectancy is the mean number of years of life remaining at a given age, assuming age-specific mortality rates remain at their most recently measured levels. Last year the average life expectancy of all the Life Insurance policyholders in Ontario...
3. Do you see any striking difference between problem 1 and 2? At a certain university, the mean income of parents of the entering class is reported to by $91,600. The president of another university feels that the parents’ income for her entering class is more than $91,600. She surveys 100 randomly selected families and finds the mean income to be $96,321. Given σ = $9555. With α = 0.05, is she correct? State the null and alternative hypotheses which...