A certain HMO is attempting to show the benefits of managed care to an insurance company. The HMO believes that certain types of doctors are more cost-effective than others. One theory is that certification level is an important factor in measuring the cost-effectiveness of physicians. To investigate this, the HMO obtained independent random samples of 27 physicians from each of the three certification levels-Board certified (C): Uncertified, board eligible (E): and Uncertified, board ineligible (1)- and recorded the total per member per month charges for each (a total of 81 physicians). How many factors are present in this study? 81 27 3 01

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
A certain HMO is attempting to show the benefits of managed care to an insurance company. The HMO believes that certain types of doctors are more
cost-effective than others. One theory is that certification level is an important factor in measuring the cost-effectiveness of physicians. To investigate
this, the HMO obtained independent random samples of 27 physicians from each of the three certification levels-Board certified (C): Uncertified, board
eligible (E); and Uncertified, board ineligible (1)- and recorded the total per member per month charges for each (a total of 81 physicians). How many
factors are present in this study?
0000
81
27
3
01
Transcribed Image Text:A certain HMO is attempting to show the benefits of managed care to an insurance company. The HMO believes that certain types of doctors are more cost-effective than others. One theory is that certification level is an important factor in measuring the cost-effectiveness of physicians. To investigate this, the HMO obtained independent random samples of 27 physicians from each of the three certification levels-Board certified (C): Uncertified, board eligible (E); and Uncertified, board ineligible (1)- and recorded the total per member per month charges for each (a total of 81 physicians). How many factors are present in this study? 0000 81 27 3 01
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman