Insurance fraud? Jockos Garage has been accused of
Chapter , Problem 16.98(choose chapter or problem)
Insurance fraud? Jockos Garage has been accused of insurance fraud. Data on estimates (in dollars) made by Jocko and another garage were obtained for 10 damaged vehicles. Here is what the investigators found: GARAGE Car 1 2 3 4 5 Jockos 1375 1550 1250 1300 900 Other 1250 1300 1250 1200 950 Car 6 7 8 9 10 Jockos 1500 1750 3600 2250 2800 Other 1575 1600 3300 2125 2600 (a) Compute the mean estimate for Jocko and the meanestimate for the other garage. Report the difference inthe means and the 95% standard t confidence interval.Be sure to choose the appropriate t procedure for youranalysis and explain why you made this choice.(b) Use the bootstrap to find the confidence interval. Besure to give details about how you used the bootstrap,which options you chose, and why.(c) Compare the t interval with the bootstrap interval.
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