Category: IC82 STATISTICS – 16

Que. 1 : Q1) A General Insurance Company wanted to estimate the proportion of Motor Insurance Policies renewed with them in the subsequent 7 year. A random sample of 200 policies showed that 155 policies were renewed with them. 1) Estimate proportion of policies being renewed with them    1.  a) 0.265    2.  b) 0.458    3.  c) 0.775    4.  d) 0.894 […]