Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 10 1 pts The administrative president of a health maintenance organization (HMO) is attempting to show the benets of managed health care to an

image text in transcribed
Question 10 1 pts The administrative president of a health maintenance organization (HMO) is attempting to show the benets of managed health care to an insurance company. The president believes certain types of doctors are more cost-effective than others. One theory is that the area of specialty that a doctor serves is an important factor in measuring the cost-effectiveness. Doctors serve in one of four primary areas of specialty: General Practice (GP), Internal Medicine (IM), Pediatrics (PED), and Family Physicians (FP). The average total charges per member per month for each of the specialties were recorded. A second factor which the president believes inuences the average total charges per member per month is whether the doctor is a foreign or USA medical school graduate. To investigate this, the president also collected data on 20 foreign medical school graduates in each of the four primary specialty areas and 20 USA medical school graduates in each of the four primary specialty areas. The results of the ANOVA are summarized below. ANOVA SouroeofVariatibn $3 df MS F P-value F air .05 Specidty 22865 '- 7618 61.1048 564845-26 2.664107 Medsd'iool 105 1 0.842216 0360217549 3.113366 Interaction 890 3 297 2.382266 0071634478 2.664107 'Wlthin 18950 152 1246711 Total 423\" 159 What is the MS in the average total charges per member per month on the second factor (foreign or USA medical school graduate}? o 297 0 61.1048 0 7618 o 105

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost management a strategic approach

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

5th edition

73526940, 978-0073526942

More Books

Students also viewed these Mathematics questions

Question

What role does communication play in developing personal identity?

Answered: 1 week ago