Illustrate the decision rule graphically

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Reference no: EM1318131

Illustrate the decision rule graphically

An insurance industry report indicated that 40 percent of those persons involved in minor traffic accidents this year have been involved in as a minimum one other traffic accident in the last five years. An advisory group decided to investigate this claim, believing it was too large. A sample of 200 traffic accidents this year showed 74 persons were also involved in another accident within the last five years. Use the 0.01 significance level. Show the decision rule graphically.

Reference no: EM1318131

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