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As a Step in Establishing Its Rates, an Automobile Insurance

Question 39

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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 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

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