question archive The cost of investigating insurance claims is known to have mean= $60 with std dev of $10

The cost of investigating insurance claims is known to have mean= $60 with std dev of $10

Subject:StatisticsPrice: Bought3

The cost of investigating insurance claims is known to have mean= $60 with std dev of $10. New company procedures were started then a sample of 36 claims showed an average cost of $57. using x= .05 determine if the costs have decreased. show all work

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