Question

An auditor reviewed 25 oral surgery insurance claims from a particular surgical office, deter- mining that the mean out-of-pocket patient billing above the reimbursed amount was $275.66 with a standard deviation of $78.11.
(a) 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? State your hypotheses and decision rule.
(b) Is this a close decision?


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  • CreatedAugust 19, 2015
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