The probabilities associated with the expected principal source of payment for hospital discharges i
Question: The probabilities associated with the expected principal source of payment for hospital discharges in the U.S. in the year 1990 are list below:
Principal Source of Payment Probability
Private insurance 0.387
Medicare 0.345
Medicaid 0.116
Other govt. program 0.033
Self-payment 0.058
Other/No charge 0.028
Not stated 0.033
Total 1.000
(a) What is the probability that the principal source of payment for a given hospital discharge is the patient’s private insurance?
(b) What is the probability that the principal source of payment is Medicare, Medicaid, or some other government program?
(c) Given that the principal source of payment is a government program, what is the probability that it is Medicare?
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