The admitting office at Sisters of Mercy Hospital wants be able to inform patients of the average level of expenses they can expect per day.Historically, the average has been approximately $1170. The office would like to know if there is evidence of a decrease in the average dailybilling, Seventy-seven randomly selected patients have an average daily charge of $1103 with a standard deviation of $254. Conduct a hypothesistest to determine whether there is evidence that average daily charges have decreased at a significance level of a = 0.05. Assume the population ofdaily hospital charges is approximately normally distributed.Step 3 of 3: Draw a conclusion and interpret the decision.

Mean()=1103standard deviation(s)=254sample size(n)=77significance level()=0.05

Answered: The admitting office at Sisters of…

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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