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Name: A study on medical malpractice found that 23% of all doctors had been
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Description: A study on medical malpractice found that 23% of all doctors had been sued. Of those doctors who had been sued, 20% work for HMOs. Industry statistics show that 30% of all doctors work for HMOs.a. What is the probability that a doctor who had not bee

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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A study on medical malpractice found that 23% of all doctors had been sued. Of those doctors who had been sued, 20% work for HMOs. Industry statistics show that 30% of all doctors work for HMOs.

a. What is the probability that a doctor who had not been sued works for an HMO?

b. What is the probability that a doctor who works for an HMO has been sued?

c. What is the probability that a doctor who does not work for an HMO has been sued?

d. Who will pay higher malpractice insurance, HMO or non-HMO doctors? Why?

*NOTE-show steps and formulas used in EXCEL

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