Answered: The following data was calculated…

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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Question

The following data was calculated during a study on medical billing. Now find the critical value(s) and sketch the rejection region for this hypothesis test at a 5% significance level:

The medical billing specialist would like to test the claim that the proportion of patients with high-deductible health plans who have overdue medical bills is greater than 51%.
Sample size =35 patients with high-deductible health plans
Sample proportion =0.60
Test statistic z0=1.07

Fail to reject H0. There is NOT strong evidence to conclude that the proportion of patients with high-deductible health plans who have overdue medical bills is greater than 51%.

Fail to reject H0. There is strong evidence to conclude that the proportion of patients with high-deductible health plans who have overdue medical bills is greater than 51%.

Reject H0. There is NOT strong evidence to conclude that the proportion of patients with high-deductible health plans who have overdue medical bills is greater than 51%.

Reject H0. There is strong evidence to conclude that the proportion of patients with high-deductible health plans who have overdue medical bills is greater than 51%.

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