Use the Hospital database. What is the breakdown between hospitals that are general medical hospitals and those
Question:
Use the Hospital database. What is the breakdown between hospitals that are general medical hospitals and those that are psychiatric hospitals in this database of 200 hospitals? In Service, 1 = general medical and 2 = psychiatric. Using these figures and the hypergeometric distribution, determine the probability of randomly selecting 16 hospitals from the database and getting exactly 9 that are psychiatric hospitals. Now, determine the number of hospitals in this database that are for-profit (In Control, 3 = for-profit.) From this number, calculate p, the proportion of hospitals that are for-profit. Using this value of p and the binomial distribution, determine the probability of randomly selecting 30 hospitals and getting exactly 10 that are for-profit.
Step by Step Answer:
Business Statistics For Contemporary Decision Making
ISBN: 978-1119320890
9th edition
Authors: Ken Black