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As a Step in Establishing Its Rates,an Automobile Insurance Company

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As a step in establishing its rates,an automobile insurance company is interested in determining whether there is a difference in the mean highway speeds that drivers of different age groups drive.To help answer this question,it has selected a random sample of drivers in three age categories: under 21,21-50,and over 50.The engineers then recorded the drivers' speeds at a designated point on a highway in the state.The subjects were unaware that their speed was being recorded.The following one-way ANOVA output was generated from the sample data.Based upon this output,if the significance level is 0.05,the engineers should conclude that the mean speeds may all be equal since the p-value is less than alpha.
Anova: Single Factor
SUMMARY As a step in establishing its rates,an automobile insurance company is interested in determining whether there is a difference in the mean highway speeds that drivers of different age groups drive.To help answer this question,it has selected a random sample of drivers in three age categories: under 21,21-50,and over 50.The engineers then recorded the drivers' speeds at a designated point on a highway in the state.The subjects were unaware that their speed was being recorded.The following one-way ANOVA output was generated from the sample data.Based upon this output,if the significance level is 0.05,the engineers should conclude that the mean speeds may all be equal since the p-value is less than alpha. Anova: Single Factor SUMMARY   ANOVA  ANOVA As a step in establishing its rates,an automobile insurance company is interested in determining whether there is a difference in the mean highway speeds that drivers of different age groups drive.To help answer this question,it has selected a random sample of drivers in three age categories: under 21,21-50,and over 50.The engineers then recorded the drivers' speeds at a designated point on a highway in the state.The subjects were unaware that their speed was being recorded.The following one-way ANOVA output was generated from the sample data.Based upon this output,if the significance level is 0.05,the engineers should conclude that the mean speeds may all be equal since the p-value is less than alpha. Anova: Single Factor SUMMARY   ANOVA

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Evolutionary Perspective

A theoretical approach that examines how evolutionary principles, such as natural selection, shape behaviors and mental processes.

Correlation Coefficient

A statistical measure that indicates the extent to which two or more variables fluctuate together, ranging from -1 to 1.

Humanistic Perspective

A psychological perspective that emphasizes individual potential for growth and the role of unique human experiences in shaping personality, focusing on free will and self-actualization.

Experimental

Pertaining to a method of research in which variables are manipulated to observe outcomes in a controlled setting.

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