Motorcycle Insurance Appraisers Examine Motorcycles That Have Been Involved in Accidental

question 94

Essay

Motorcycle insurance appraisers examine motorcycles that have been involved in accidental collisions to assess the cost of repairs.An insurance executive is concerned that different appraisers produce significantly different assessments.In an experiment 10 motorcycles that have recently been involved in accidents were shown to two appraisers.Each assessed the estimated repair costs.These results are shown below.Can the executive conclude at the 5% significance level that the appraisers differ in their assessments?

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Definitions:

Thirteen

The number following twelve and preceding fourteen, often considered unlucky in some cultures.

Seven

A natural number following six and preceding eight, often symbolizing completeness or perfection in various cultures.

Mediator

An impartial individual who facilitates negotiations between disputing parties with the goal of reaching a mutual agreement, without providing legal advice.

Points of Agreement

Specific aspects or terms in a discussion or negotiation on which all parties share a common view or decision.