Question
1) An auditor reviewed 25 oral surgery insurance claims from a particular surgical office, determining that the mean out-of-pocket patient billing above the reimbursed amount
1)
An auditor reviewed 25 oral surgery insurance claims from a particular surgical office, determining that the mean out-of-pocket patient billing above the reimbursed amount was $280.11 with a standard deviation of $77.78.
At the 5 percent level of significance, does this sample prove a violation of the guideline that the average patient should pay no more than $250 out-of-pocket?
(a-1)H0: $250 versusH1:> $250. Choose the right option.
- RejectH0iftcalc< 1.711
- RejectH0iftcalc> 1.711
multiple choice 2
- a
- b
(a-2)Calculate the test statistic.(Round your answer to 2 decimal places.)
Test statistic
2)-
In a recent survey, 10 percent of the participants rated Pepsi as being "concerned with my health." PepsiCo's response included a new "Smart Spot" symbol on its products that meet certain nutrition criteria, to help consumers who seek more healthful eating options.
Suppose a follow-up survey shows that 26of 200 persons now rate Pepsi as being "concerned with my health."
Calculate thezstatistic.(Round your answer to 3 decimal places.)
zcalc
At = .05, would a follow-up survey showing that 26 of 200 persons now rate Pepsi as being "concerned with my health" provide sufficient evidence that the percentage has increased?
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