Statistics Solutions

[Solution Library] A medical researcher wishes to determine if the way people pay for their medical prescriptions is distributed as follows: 60% personal

Question: A medical researcher wishes to determine if the way people pay for their medical prescriptions is distributed as follows: 60% personal funds, 25% insurance, 15% Medicare. A sample of 50 people found that 32 paid with their own money, 10 paid using insurance, and 8 paid using Medicare. At a level of significance of 0.05, is the assumption correct? Use the P-value method. What would be an implication of the results?

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


∴ Other downloads you may be interested in ∴

log in to your account

Forgot password?
Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in