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What else can I help you with?
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.
What evidence or proof is provided in the paper to support the claims being made?
The paper provides evidence in the form of data, statistics, experiments, and citations from other research studies to support the claims being made.
Do I have to cite statistics in my research paper?
Yes, it is important to cite statistics in your research paper to provide evidence and support for your arguments. This helps to establish credibility and show that your claims are based on reliable data.
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.
What are examples of factual evidence?
Examples of factual evidence include statistics, data, documentation, expert testimony, eyewitness accounts, and physical evidence such as photographs or videos. These types of evidence can be used to support claims or arguments based on verifiable information.
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.
What type of evidence does the student use in Paragraph 2 of the essay?
In Paragraph 2 of the essay, the student uses statistics and data from reputable sources to support their argument. This evidence helps to strengthen the student's position and provide credibility to their 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.
When presenting data in my research paper, do I need to cite statistics to support my claims?
Yes, when presenting data in your research paper, it is important to cite statistics to support your claims. This helps to provide credibility to your arguments and allows readers to verify the information you are presenting.
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.
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.
