The National Institute of Diabetes and Digestive and Kidney Diseases reports that the average cost of bariatric (weight loss) surgery is less than $22,500. You think this information is incorrect. You randomly select 50 bariatric surgery patients and find that the average cost for their surgeries is $23,545 with a standard deviation of $3015. Question: Approximate the P-value. Is there enough evidence to support your claim at α=0.05? Make a conclusion about the hypothesis test.
The National Institute of Diabetes and Digestive and Kidney Diseases reports that the average cost of bariatric (weight loss) surgery is less than $22,500. You think this information is incorrect. You randomly select 50 bariatric surgery patients and find that the average cost for their surgeries is $23,545 with a standard deviation of $3015. Question: Approximate the P-value. Is there enough evidence to support your claim at α=0.05? Make a conclusion about the hypothesis test.
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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The National Institute of Diabetes and Digestive and Kidney Diseases reports that the
average cost of bariatric (weight loss) surgery is less than $22,500. You think this information is
incorrect. You randomly select 50 bariatric surgery patients and find that the average cost for
their surgeries is $23,545 with a standard deviation of $3015.
Question: Approximate the P-value. Is there enough evidence to support your claim at α=0.05?
Make a conclusion about the hypothesis test.
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