Health insurers are beginning to offer telemedicine services online that replace the common office visit. A company provides a video service that allows subscribers toconnect with a physician online and receive prescribed treatments. The company claims that users of its online service saved a significant amount of money on atypical visit. The data shown below ($), for a sample of 20 online doctor visits, are consistent with the savings per visit reported by the company.988946999940Need Help?61 62 558246 11154 10280 79 84106 59 88Read Itquestion.Assuming the population is roughly symmetric; construct a 95% confidence interval for the mean savings in dollars for a televisit to the doctor as opposed to an officevisit. (Round your answers to the nearest cent.)$66.80X to $80.80X

The data indicates a sample of 20 online doctor…

Answered: Health insurers are beginning to offer…

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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Steve Taylor is the owner of Home Plus, which is a chain of home improvement stores. He would like to investigate the relationship between month advertising and monthly sales. The table below shows the amount spent on advertising, in millions of dollars, over several months along with the corresponding sales, also in millions of dollars. Month Advertising($ millions) Sales($ millions) 1 3 11 2 3 13 3 4 12 4 5 21 5 1 7 Use the Home Plus data to calculate: The standard error of the estimate. The 95% confidence interval for the average sales for a month where $4 million was spent on advertising.
A drug company claims that an allergy medication causes headaches in 5% of those who take it. A medical researcher believes that more than 5% of those who take the drug actually get headaches. Identify the population(s). 5% of those who take the drug actually get headaches. the proportion of those who take the drug who get a headache. all individuals who take the medication. more than 5% of those who take the drug actually get headaches. What is the variable being examined for individuals in the population(s)? more than 5% of those who take the drug actually get headaches. the proportion of those who take the drug who get a headache. whether or not a person who takes the drug gets a headache. 5% of those who take the drug actually get headaches.
Surveys always provide data that is 100% accurate from feedback from participants True or False
The price drivers pay for gasoline often varies a great deal across regions throughout the United States. The following data show the price per gallon for regular gasoline for a random sample of gasoline service stations for three major brands of gasoline (Shell, BP, and Marathon) located in eleven metropolitan areas across the upper Midwest region (OhioGasPrices.com website, March 18, 2012). Click on the datafile logo to reference the data. DATA file Shell BP Metropolitan Area Marathon Akron, Ohio Cincinnati, Ohio Cleveland, Ohio Columbus, Ohio Ft. Wayne, Indiana Indianapolis, Indiana Lansing, Michigan Lexington, Kentucky Louisville, Kentucky Muncie, Indiana Toledo, Ohio 3.77 3.72 3.87 3.76 3.78 3.87 3.89 3.79 3.83 3.83 3.85 3.77 3.83 3.85 3.93 3.84 3.84 4.04 3.87 3.87 3.99 3.79 3.78 3.81 3.69 3.78 3.84 3.84 3.83 3.79 3.79 3.86 3.86 Use a = .05 to test for any significant difference in the mean price of gasoline for the three brands. Round SS to 6 decimals, MS to 6 decimals, F to 2…
The following statistics represent weekly salaries at a construction company. Mean $620 First quartile $485 Median $540 Third quartile $600 Mode $535 94th percentile $683 The most common salary is $ The salary that half the employees' salaries surpass is $ The percent of employees' salaries that surpassed $600 is The percent of employees' salaries that were less than $485 is %. The percent of employees' salaries that surpassed $683 is %. If the company has 100 employees, the total weekly salary of all employees is $ %.
A social media app is conducting a study on the amount of time users spend on the app. They collect the following variables. Age Years: How old they are in years? Income: Monthly Income Location: What country do they live in? Device: Do they use an iPhone, Samsung, other? Service: Who provides their mobile phone service? For example: T-Mobile, At&t, Verizon, ect Hours: How many hours do they spend on the app per week. A) Which variable could the research construct a one proportion z-interval for? B) The social media app just launched a new algorithm that suggest content in an effort to increase the amount of time the user spends on the app. The researchers want to use the survey results to see if there is statistically significant evidence that on average users spend more than 10 hours per week on the social media app. The researchers found in their sample of 44 users, the mean hours spent on the app is 10.5 hours with a standard deviation of 5.675 hours. Which type of hypothesis test…
You may need to use the appropriate technology to answer this question. Periodically, customers of a financial services company are asked to evaluate the company's financlal consultants and services. Higher ratings on the client satisfaction survey indicate better service, with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use a = 0.05 and test to see whether the consultant with more experience has the higher population mean service rating. ConsultantA Consultant B = 16 n2 = 10 x, 6.83 x2 = 6.28 5- 0.68 52 = 0.75 (a) State the null and alternative hypotheses. O Ho: H1- H2 * 0 H: H-H2=0 O Ho: H-H2> o Ho Hy-H250 H -H2>0 O Ho: H-H2=o H: H-H2 0 O Ho: H-H25o H H-H2 0 (b) Compute the value of the test statistic. (Round your answer to three decimal places.) (c) What is the p-value? (Round your answer to four decimal places.) p-value…
Opinions are split about a coffee company's pumpkin-flavored coffee (PFC). Yet every year over the last five years the consumption of pumpkin-flavored goods has increased. If we look at the numbers, it also becomes clear why a leading coffee company keeps offering the PFC earlier and earlier every year. According to a magazine, the amount spent by PFC buyers at the coffee company is about 17% higher than non-PFC buyers. The accompanying table shows a random sample of eight consumers, the amount they spend per week, and the number of PFCs purchased per week. PFC Spending 2 13.88 7 39.11 4 19.79 1 9.84 3 15.43 1 21.52 5 37.39 3 13.85 Calculate the slope and y-intercept for the regression formula. The slope is b1=(Round to three decimal places as needed.)
help please
Opinions are split about a coffee company's pumpkin-flavored coffee (PFC). Yet every year over the last five years the consumption of pumpkin-flavored goods has increased. If we look at the numbers, it also becomes clear why a leading coffee company keeps offering the PFC earlier and earlier every year. According to a magazine, the amount spent by PFC buyers at the coffee company is about 17% higher than non-PFC buyers. The accompanying table shows a random sample of eight consumers, the amount they spend per week, and the number of PFCs purchased per week. PFC Spending 2 13.88 7 39.11 4 19.79 1 9.84 3 15.43 1 21.52 5 37.39 3 13.85 The slope is b1=4.465 The y-intercept is b0=6.840 Because the slope is positive, it can be concluded that one extra PFC purchase per week will increase the average amount of spending per week by 4.46 dollars. Predict…
Some research situations are summarized below. For each situation, identify all variables.Then, for each variable, note the level of measurement AND whether it is an independent or dependent variable. a.Ahealth researcher is interested in studying patient compliance (whether or not patients take the medicine their doctor prescribes). She surveys 800 diabetic patients, and finds compliance to be linked to patient age, education, gender, and socioeconomic status. b. A market researcher is hired by Target to see how customers buying habits have changed before and after COVID. The researcher studies how much each customer spent (in $s), how frequently they visited the website each month, how frequently they visited the store each month. They report that, since March, customers are spending less, visiting the website more frequently, and shopping in person less frequently.

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