Homework Answers
Here we want to test the mean for the two samples given and they are independent Samples . So we have to use independent two sample t test here .
The appropriate test statictic for Independent sample t test is the test statistic in option (A)
So the correct formula for test Statistic is
Option (A)
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The Oregon Department of Health web site provides information on the cost-to-charge...
The least-squares regression line with y = inpatient cost-to-charge ratio and x = outpatient cost-to-charge ratio...
The least-squares regression line with y = inpatient
cost-to-charge ratio and x = outpatient cost-to-charge
ratio is = -1.1 + 1.29 x.
(a) Is the observation for Hospital 11 an influential
observation?
YesNo
(b) Is the observation for Hospital 11 an outlier?
YesNo
(c) Is the observation for Hospital 5 an influential
observation?
YesNo
(d) Is the observation for Hospital 5 an outlier?
YesNo
Cost-to-charge ratlo (the percentage of the amount billed that represents the actual cost) for Inpatient and outpatient...
Cost-to-charge ratio (the percentage of the amount billed that represents the actual cost) for inpatient and...
Cost-to-charge ratio (the percentage of the amount billed that represents the actual cost) for inpatient and outpatient services at 11 Oregon hospitals is shown in the following table. A scatterplot of the data is also shown. Cost-to-Charge Ratio Hospital Outpatient Care Inpatient Care 1 62 80 2 66 76 3 63 75 4 51 62 5 75 100 6 65 88 7 56 64 8 45 50 9 48 54 10 71 83 11 54 100 The least-squares regression line...
Question: Evaluate the relationship between cost per visit and week. Interpret your regression re...
Question:
Evaluate the relationship between cost per visit and week.
Interpret your regression results by
discussing significance of the regression equation and magnitude
of the estimated coefficients.
TRUE MASTER PLAN True Master Plan (TMP) is a managed care company that provides and finances health care services for employees of DigiTech Media, Inc. Approximately 5,000 employees at DigiTech Media are currently enrolled in TMP's health insurance plan. The number of enrollees has increased over the past year as DigiTech Media continued...
dence to evidence This past year, an organization conducted a survey and asked, "What do you...
dence to evidence This past year, an organization conducted a survey and asked, "What do you think is the ideal number of children for a family to have ?" The results of the survey are shown in the table. Complete parts (a) through (e). Click the icon to view the data table dence to co (a) Construct a relative frequency histogram for the ideal number of children. Choose the correct graph below. OC. OD ОА. Ов. ero @ 061 06...
1. Focusing on only the inpatient care cost (i.e., ignoring operating room costs), what is the...
1. Focusing on only the inpatient care cost (i.e., ignoring
operating room costs), what is the cost of a TAH (non-oncology)
under each of the cost accounting systems? A tuboplasty? A TAH
(oncology)? What accounts for the differences?
Croswell University Hospital This report doesn't describe where our costs are generated. We're applying one standard to all patients, regardless of their level of care. What incentive is there to identify and account for the costs of each type of procedure? Unless...
Identification and explanation of the main cost management problem using the cost management theory, a. Identification...
Identification and explanation of the main cost management
problem using the cost management theory,
a. Identification of (5) external or internal causes
that originates the proposed main cost management problem,
b. What should be Bay Area Health Network’s mission in
the context of the proposed main cost management problem and
internal and external causes?
c. Propose an adequate ABC analysis for Bay Area Health
Network’s situation to answer the questions presented in the
case
d. Define (5) cost management strategies...
The least-squares regression line with y = inpatient
cost-to-charge ratio and x = outpatient cost-to-charge
ratio is = -1.1 + 1.29 x.
(a) Is the observation for Hospital 11 an influential
observation?
YesNo
(b) Is the observation for Hospital 11 an outlier?
YesNo
(c) Is the observation for Hospital 5 an influential
observation?
YesNo
(d) Is the observation for Hospital 5 an outlier?
YesNo
Cost-to-charge ratlo (the percentage of the amount billed that represents the actual cost) for Inpatient and outpatient...
Question:
Evaluate the relationship between cost per visit and week.
Interpret your regression results by
discussing significance of the regression equation and magnitude
of the estimated coefficients.
TRUE MASTER PLAN True Master Plan (TMP) is a managed care company that provides and finances health care services for employees of DigiTech Media, Inc. Approximately 5,000 employees at DigiTech Media are currently enrolled in TMP's health insurance plan. The number of enrollees has increased over the past year as DigiTech Media continued...
dence to evidence This past year, an organization conducted a survey and asked, "What do you think is the ideal number of children for a family to have ?" The results of the survey are shown in the table. Complete parts (a) through (e). Click the icon to view the data table dence to co (a) Construct a relative frequency histogram for the ideal number of children. Choose the correct graph below. OC. OD ОА. Ов. ero @ 061 06...
1. Focusing on only the inpatient care cost (i.e., ignoring
operating room costs), what is the cost of a TAH (non-oncology)
under each of the cost accounting systems? A tuboplasty? A TAH
(oncology)? What accounts for the differences?
Croswell University Hospital This report doesn't describe where our costs are generated. We're applying one standard to all patients, regardless of their level of care. What incentive is there to identify and account for the costs of each type of procedure? Unless...
Identification and explanation of the main cost management
problem using the cost management theory,
a. Identification of (5) external or internal causes
that originates the proposed main cost management problem,
b. What should be Bay Area Health Network’s mission in
the context of the proposed main cost management problem and
internal and external causes?
c. Propose an adequate ABC analysis for Bay Area Health
Network’s situation to answer the questions presented in the
case
d. Define (5) cost management strategies...
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