tabase that are investor-owned for-profit. (Hint: In Control, 5 = investor-owned for-profit.) From this number, calculate p, the proportion of hospitals that are for-profit. Using this value of p and the binomial distribution, determine the

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Using the American Hospital Association database “black10e_AHAdata_big_data”, determine the number of hospitals in this database that are investor-owned for-profit. (Hint: In Control, 5 = investor-owned for-profit.) From this number, calculate p, the proportion of hospitals that are for-profit. Using this value of p and the binomial distribution, determine the probability of randomly selecting 15 hospitals from this database and getting more than 6 that are for-profit. If this actually occurred, what might it mean to analysts studying the database? 

    342       342
2 46         46
4       193   193
5     479     479
6            
Count of Control Column Labels
- Gov Fed
Row Labels
Gov NonFed InvestorOwned ForProfit NonGov NonProfit Other Nonprofit Grand Total
1
342
342
2
46
46
4
193
193
15
479
479
6
940
940
Grand Total
46
342
479
193
940
2000
Transcribed Image Text:Count of Control Column Labels - Gov Fed Row Labels Gov NonFed InvestorOwned ForProfit NonGov NonProfit Other Nonprofit Grand Total 1 342 342 2 46 46 4 193 193 15 479 479 6 940 940 Grand Total 46 342 479 193 940 2000
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