A hospital auditor has been asked to estimate the proportion of patient accounts in which the hospital
Question:
A hospital auditor has been asked to estimate the proportion of patient accounts in which the hospital overcharged a patient during the last 25 years. If the auditor will use a simple random sample to estimate this proportion, determine
(a) the sample size required for estimating the proportion with a bound on the error of estimation of 0.035.
(b) the cost of sampling if the initial cost is $40,000 and the cost of sampling a record is $5.
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Related Book For
Applied Biostatistics For The Health Sciences
ISBN: 9781119722694
2nd Edition
Authors: Richard J. Rossi
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