Business Analysis Assignment

You will use the Insurance_claim data for Q1, Q2, and Q4.
Q1 Conduct a one-sample T-test of the mean of Cost of claim compared to a population mean=80.
Test a two-sided hypothesis of the relationship between the Cost of claim mean and the population meanTest a one-sided hypothesis of the relationship between the Cost of claim mean and the population means, indicate the direction of the one-sided hypothesis you tested.What is the t statistic?What is the p-value for both hypotheses?Do you reject the null hypothesis in both tests?
Q2 Conduct an independent sample T-test of the relationship between amount of coverage and retirement.
Test a two-sided hypothesis of the relationship between amount of coverage and retirementTest a one-sided hypothesis of the relationship between amount of coverage and retirement, indicate the direction of the one-sided hypothesis you tested.What is the t statistic?What is the p-value for both hypotheses?Do you reject the null hypothesis in both tests? Why?
Q3 Use the glucose measurement data. Conduct a dependent sample T-test of the relationship between two glucose measurements on the same patients.
Test a two-sided hypothesis of the difference between Minutes_120 and Minutes_0Test a one-sided hypothesis of the difference between Minutes_120 and Minutes_0, indicate the direction of the one-sided hypothesis you tested.What is the t statistic?What is the p-value for both hypotheses?Do you reject the null hypothesis in both tests? Why?

 
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