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Lopezj273 Lopezj273
wrote...
Posts: 447
4 years ago
A health insurer has determined that the "reasonable and customary" fee for a certain medical procedure is $1200. They suspect that the average fee charged by one particular clinic for this procedure is higher than $1200. The insurer wants to perform a hypothesis test to determine whether their suspicion is correct. The mean fee charged by the clinic for a random sample of receiving this procedure was $1280. Test whether the claim that the mean fee charged by this particular clinic is higher than $1200 is supported or not supported. Assume that

▸ supported

▸ not supported
Textbook 
Statistical Reasoning for Everyday Life

Statistical Reasoning for Everyday Life


Edition: 5th
Authors:
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tlastertlaster
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Posts: 402
4 years ago
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