Suppose a random sample of 100 U.S. companies taken in 2005 showed that 21 offered high-deductible health
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Suppose a random sample of 100 U.S. companies taken in 2005 showed that 21 offered high-deductible health insurance plans to their workers. A separate random sample of 120 firms taken in 2006 showed that 30 offered high-deductible health insurance plans to their workers. Based on the sample results, can you conclude that there is a higher proportion of U.S. companies offering high-deductible health insurance plans to their workers in 2006 than in 2005? Conduct your hypothesis test at a level of significance a 0.05.
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780136121015
8th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith
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