A midwestern university offers its employees three choices for health care: a clinic-based health maintenance organization (HMO), a preferred provider organzation(PPO), and a traditional fee-for-service program (FFS). Each year, the university designates an open enrolment period during which employees may change from onehealth plan to another. Prior to the last open enrollment period, 25% of employees were enrolled in the HMO, 20% in the PPO, and the remainder in the FFS. Duringthe open enrolment period, 15% of employees in the HMO switched to the PPO and 5% switched to the FFS, 25% of the employees in the PPO switched fo the HMOand 10% to the FFS, and 30% of the employees in the FFS switched to the HMO and 35% switched to the PPO. Complete parts (A) through (C) below.(A) Write the transition matrix.HMOPPOFFSHMO752005PPO2565.10353530(Type integers or decimals.)FFS

The defined matrix, that essentially explains the probability of transitioning from a considered…

Answered: A midwestern university offers its…

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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Bank of America's Consumer Spending Survey collected data on annual credit card charges in seven different categories of expenditures: transportation, groceries, dining out, household expenses, home furnishings, apparel, and entertainment (U.S. Airways Attache, December 2003). Using data from a sample of 42 credit card accounts, assume that each account was used to identify the annual credit card charges for groceries (population 1) and the annual credit card charges for dining out (population 2). Using the difference data, the sample mean difference was = $844, and the sample standard deviation was sd = $1,166. C) What is the point estimate of the difference between the population means? $ What is the 95% confidence interval estimate of the difference between the population means (to the nearest whole number)? ( need amount, need amount)
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