In a study of 787 randomly selected medical malpractice lawsuits, it was found that 482 of them were dropped or dismissed.Test the claim that most medical malpractice lawsuits are dropped or dismissed. Identify the null hypothesis, alternativehypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the originalclaim. Use the P-value method and the normal distribution as an approximation to the binomial distribution.Which of the following is the hypothesis test to be conducted?A. Ho: p=0.5H₂: p>0.5OC. Ho: p=0.5H₂: p0.5O E. Ho: p=0.5Ha: p<0.5What is the test statistic?Z=(Round to two decimal places as needed.)B. Ho: p<0.5H₂: p=0.5OD. Ho: p>0.5H₂: p=0.5OF Ho: p0.5H₂: p=0.5

given data claim : p > 0.5n = 787x = 482

Answered: In a study of 787 randomly selected…

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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(Please do not give solution in image format thanku) Individual members of an insured group have independent claims. Aggregate payment amounts for males have mean 2 and variance 4, while payment amounts for females have mean 4 and variance 10. The premium for a group with future claims S is the expected value of S plus 2 times the standard deviation of S. If the genders of the members of a group of m members are not known, the number of males is assumed to have a binomial distribution with mean (0.4)m and variance (0.24)m. Let A be the premium for a group of 100 for which the genders of the members are not known and let B be the premium for a group of 40 males and 60 females. Determine A – B.

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