The Problem

Many insurance companies provide discounts for multiple cars covered under the same policy. Do these multiple car discount policies incur less loss than non-multiple car policies?

Background Information

None available at this time.

Materials Included

• Database of policy number, type of policy, and monetary loss incurred
• Explanations for making a histogram
• Explanation for Wilcoxon Rank-Sum Test & Sign Test
• Instructions for making a box & whisker plots
• Solutions and suggestions