1. The probabilities associated with the expected principal source of payment for the hospitai discharges in the United States in the year 1990 are listed below. Principal source of payment | Probability Private insurance Medicare Medicaid Other Govt. Program Self-payment Other/no charge 0.387 0.345 0.116 0.033 0.058 0.028 Not stated 0.033 Total 1.00 What is the probability that the principal source of payment for a given hospital discharge a. is the patient's private insurance. OY b. What is the probability that the principal source of payment is Medicare, Medicaid, or some other government program? с. Given that the principal source of payment is a Government program what is the probability that it is a Medicare.

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ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
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1. The probabilities associated with the expected principal source of payment for the hospitai
discharges in the United States in the year 1990 are listed below.
Principal source of payment | Probability
Private insurance
Medicare
Medicaid
Other Govt. Program
Self-payment
Other/no charge
Not stated
0.387
0.345
0.116
0.033
0.058
0.028
0.033
Total
1.00
What is the probability that the principal source of payment for a given hospital discharge
a.
is the patient's private insurance.
OY
b.
What is the probability that the principal source of payment is Medicare, Medicaid, or
some other government program?
c.
Given that the principal source of payment is a Government program what is the
probability that it is a Medicare.
Transcribed Image Text:1. The probabilities associated with the expected principal source of payment for the hospitai discharges in the United States in the year 1990 are listed below. Principal source of payment | Probability Private insurance Medicare Medicaid Other Govt. Program Self-payment Other/no charge Not stated 0.387 0.345 0.116 0.033 0.058 0.028 0.033 Total 1.00 What is the probability that the principal source of payment for a given hospital discharge a. is the patient's private insurance. OY b. What is the probability that the principal source of payment is Medicare, Medicaid, or some other government program? c. Given that the principal source of payment is a Government program what is the probability that it is a Medicare.
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