Next, speculate on three (3) possible reasons why the states you have chosen would have a difference in average insurance costs.

Data Description” (Note: Please respond to one [1] of the following two [2] bulleted items)

  • From the e-Activity, the table shows Average Insurance Costs by State. Select two (2) states that are of interest to you. Next, speculate on three (3) possible reasons why the states you have chosen would have a difference in average insurance costs. Remember you must relate your comments to a topic related to the class.
  • From the e-Activity, select ten (10) states and calculate the mean and standard deviation for average insurance costs.  Next, calculate the mean and standard deviation for average insurance costs for all 51 states. Compare and contrast the means and standard deviations for the ten (10) states you selected and all fifty one (51) states. To get a better understanding of the topics this week, you need to select the 10 states randomly and explain how you chose them. Do not simply choose the first 10 states on the list, the last 10 states on the list, etc.

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