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Q: You make full use of when you support your claims with evidence from facts data statistics and observations?
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Continue Learning about Statistics

Will insurance rates go up if no claims were reported?

Insurance rates are not determined by an individual's claims ratios, as the few who have claims could never afford their premiums if that were the case. They are figured over thousands of clients. This is how insurance of every kind works. By use of the law of large numbers, the risk of loss can be figured and these rates applied. Risk is calculated so that those who exhibit the most risk will pay higher premiums while those who have lower risk will pay less. Auto insurance companies usually lose money on claims but hope to make money by investing the sums between collection and payment of claims.


Express the null hypothesis H0 and the alternative hypothesis H1 in symbolic form Use the correct symbol p for the indicated parameter.For a researcher claims that 62 of voters favor gun control?

== == A random sample of 15 observations from the first population revealed a sample mean of 350 and a sample standard deviation of 12. A random sample of 17 observations from the second population revealed a sample mean of 342 and a sample standard deviation of 15. At the .10 significance level, is there a difference in the population means? ***Please show all the steps and work you used to conclude an answer and explain it as you would to a simpleton. Thank you so much. Read more: http://www.justanswer.com/questions/h0ee-null-hypothesis-h0-u1-u2alternate#ixzz0N7q0A7Ns


How is a weighted loss ratio calculated?

you add your weighted premiums and divide by your weighted claims. (you do not weight the loss ratios )


How statistics can be misused?

There are too many ways to list, really, but here are a few common ones. First, and probably most common, is to assume that a statistical relationship equals a cause and effect one. You can, for example, quite accurately predict the damage a fire will do by counting the number of firefighters who show up to put it out. But that does not mean that firefighters cause fire damage. Other examples of this abuse can be seen everywhere in advertising. Just because kids who eat a healthy breakfast do better in school, that does not mean that the breakfast caused it or that if you suddenly start eating better your grades will improve. More likely, parents who have the sense and caring to prepare a healthy breakfast caused the kids to do better in school. Second, you can ignore other contributing variables. The classic example here is the fact that predominantly non-white neighborhoods have higher crime rates. For years, this statistic was touted as proof that non-whites are inherently violent and criminal-minded. Yet when you also consider the economics of a neighborhood, it turns out that poverty leads to higher crime, not skin color. Lastly, and this one is thankfully rare but also the most devious, you can intentionally delete cases or otherwise manipulate data to achieve the results you want. (Despite claims to the contrary, this rarely happens in legitimate science). But in general, a misuse of statistics has occurred any time that you rely too heavily on the numbers and forget that they are just numbers. If there is no practical connection between the numbers and what they represent, no common sense analysis of what the numbers mean and what could have been missed, then statistics is nothing more than just fancy math and fodder for sound bites on the evening news.


A light-rail service claims to be on time 98 of the time. Jeanette takes the light-rail 40 times one month how many times can she predict she will be on time Is the light-rail's claim accurate if she?

She can expect to be on time 39 times.

Related questions

What types of evidence does the writer use to support the ideas in the essay?

The writer uses examples, statistics, expert opinions, and anecdotes to support the ideas in the essay. These forms of evidence help strengthen the argument and provide credibility to the writer's claims.


Why does the author present these statistics?

The author presents these statistics to provide quantitative evidence and support for the claims and arguments being made in the text. By including statistics, the author adds credibility to their writing and helps the reader understand the scope and impact of the issues being discussed.


How do you use evidence in an essay?

In an essay, evidence is used to support your arguments and claims. You can incorporate evidence by citing credible sources, such as research studies, statistics, expert testimonies, and examples. Make sure to analyze and explain how the evidence connects to your main points to strengthen your arguments.


What is missing if you only have claims in your paragraph?

If you only have claims in your paragraph, you are missing the proof or evidence to support your claims.


For what purpose would authors use evidence to support their claims?

Authors use evidence to support their claims in order to provide credibility to their arguments, demonstrate knowledge on the topic, and persuade or inform their readers. By backing up their claims with evidence, authors can strengthen their credibility and validate their viewpoints.


What Provide support for claims or add credibility to your writing by using?

You can provide support for claims and add credibility to your writing by citing reputable sources, expert opinions, data, statistics, and evidence from relevant studies or research. It is essential to ensure that the sources you use are reliable, current, and valid to strengthen your arguments and persuade your audience.


How can citing evidence help support claims in an argumentative essay?

Citing evidence in an argumentative essay helps support claims by providing credibility to the information presented. It shows that the writer has done research and is using reliable sources to back up their argument. This helps persuade the reader by demonstrating that the claims are based on solid evidence.


Is evidence always a quotation from a text?

No, evidence can include data, examples, visuals, statistics, and expert opinions. It supports claims and arguments within a text or discussion.


What evidence exists to support witchcraft?

All claims of supernatural events and abilities comes from empirical and anecdotal evidence. There is no scientific evidence for any of it.


How does data support scientific claims?

Hi, data provides evidence to back up your claim. Without evidence, your claim is not reliable.


What are evaluation claims?

Evaluation claims are statements that assess the quality, value, or effectiveness of something. They are used to provide opinions or judgments based on criteria or evidence. It is important to support evaluation claims with appropriate reasoning or evidence to make them more credible.


Why do writer's use evidence in their writing?

They use evidence to support their arguments.