An Insurance Analyst Working for a Car Insurance Company Would

question 108

Multiple Choice

An insurance analyst working for a car insurance company would like to determine the proportion of accident claims covered by the company. A random sample of 200 claims shows that the insurance company covered 80 accident claims and did not cover 120 claims. Construct a 90 percent confidence interval estimate of the true proportion of claims covered by the insurance company.

• A) [.356, .444]
• B) [.360, .440]
• C) [.372, .428]
• D) [.343, .457]

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Definitions:

Fish With Jaws

Refers to gnathostomes, which are vertebrates that possess true jaws, a significant evolutionary feature allowing them to exploit a wider variety of food sources.

Endosymbiosis

Type of symbiosis in which one organism lives inside another. See endosymbiont.

Gymnosperms

A group of seed-producing plants that includes conifers, cycads, and allies, characterized by seeds that are not enclosed within an ovary.

Dinosaurs

A diverse group of reptiles of the clade Dinosauria that first appeared during the Mesozoic Era, known for their extensive diversity and dominance during the Jurassic and Cretaceous periods.