3. An extensive study of the cost of health care in the United States presented data showing thatthe mean spending per Medicare enrollee in 2003 was $6883 (Monday, Fall 2003). To investigatedifferences across the country, a researcher took a sample of 49 Medicare enrollees in Indianapoliwith a mean spending of $5978.32 and a standard deviation is $2513. 3(c). At 99% confidence, test the hypotheses using the p-value approach.Edit View Insert Format Tools Table

Answered: Image /qna-images/answer/fe89ce68-ded2-4ead-98af-b9b0463c7a07.jpg

Answered: 3. An extensive study of the cost of…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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It is known that average house prices today is $371,040 higher compared to 10 years ago and median in the current time also $382,000 higher than house prices 10 years ago. Provide an interpretation of the change of mean and median based on the information above. Compare and contrast these values and comment on the distribution of the increases in house prices.
Mary's height is 68 inches, in comparison to a group whose height is 65.5 inches with standard deviation of 1.5 inches. What is the z-score of Mary's height? What does the result tell you?
The National Coalition on Healthcare suggests that the mean annual premium that a health insurer charges an employer for a health plan covering a family of four averaged $13,000 in 2009. A sample of 30 families of four yields a mean annual premium paid by their employer to be $13,500 with a sample standard deviation of $300. We are interested in whether the mean annual premium that a health insurer charges an employer for a health plan covering a family of four is different from $13,000 using a significance level of 0.10. Select one: a. tdata = 9.129, do not reject Ho. b. tdata = 9.129, reject Ho. c. tdata = -9.129, do not reject Ho. O d. tdata = 4.156, reject Ho.
A team of ten (10) construction workers who are working on a project are classified according to the skill levels, Classes A to D. The table below shows the number of workers in each of the four (4) classes and their respective hourly pay-rate. Pay-rate (Rands/hour) Number of workers Class A 80 Class B 60 Class C 55 Class D 50 4. Calculate the mean hourly pay-rate for the 10 workers. A. R24.50/hour B. R57/hour C. R57.50/hour D. R61.75/hour
what measure of variability is to be computed with a median
An analyst found that the average amount of money in bank accounts at his/her bank is $2,000 with a standard deviation of $150. What would be the variance?
A recent survey of students at Regina Mundi College included a question about the number of school days each student had missed due to illness during one semester. The data are summarized below. For this data set, find Number of Frequency of days missed occurence 20 1 27 2 28 3 15 4 (a) the sample mean, (b) the sample median, and (c) the sample standard deviation.
During a quality assurance check, the actual contents (in grams) of six containers of protein powder were recorded as 1527, 1532, 1504, 1517, 1528, and 1516. (a) Find the mean and the median of the contents. (b) The third value was incorrectly measured and is actually 1520. Find the mean and the median of the contents again. (c) Which measure of central tendency, the mean or the median, was affected more by the data entry error? ..... (a) The mean is (Round to one decimal place as needed.) The median is (Type an integer or a decimal. Do not round.) (b) The mean is (Round to one decimal place as needed.) The median is (Type an integer or a decimal. Do not round.) (c) After correcting the error, the mean by and the median by The was affected more. (Round to one decimal place as needed.)
1) According to Consumer Expenditures, the average consumer spent $1729 on apparel and services in 2017. In 2018, a random sample of 36 consumers had a mean of $1667.11 and a standard deviation of $351.69. Can it be said that at the 5% level of significance that the mean level of consumption differed in 2018 with respect to 2017?
A newspaper article reports that the mean cost for preventative dental care per year is $175 with a standard deviation of $35 (assume that this is the population standard deviation). You want to test whether the mean cost for preventative dental care in your company is different from what was reported in the article. You take a random sample of 250 employees and find the mean cost is $171. Does this signficantly differ from what was reported in the article? Run the appropriate test at α=0.05. Give each of the following to receive full credit: 1) the appropriate null and alternative hypotheses; 2) the appropriate test; 3) the decision rule; 4) the calculation of the test statistic; and 5) your conclusion including a comparison to alpha or the critical value. You MUST show your work to receive full credit. Partial credit is available.
What is the formula for the mean absolute deviation formula for paired data sets?
During a quality assurance check, the actual contents (in grams) of six containers of protein powder were recorded as 1524, 1526, 1499, 1512, 1532, and 1514. (a) Find the mean and the median of the contents. (b) The third value was incorrectly measured and is actually 1518. Find the mean and the median of the contents again. (c) Which measure of central tendency, the mean or the median, was affected more by the data entry error? (a) The mean is (Round to one decimal place as needed.) 1

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