Question: Please help me. Please also answer the critical value and test statistic. Thank you! Suppose a random sample of 90 companies taken in 2006 showed
Suppose a random sample of 90 companies taken in 2006 showed that 24 offered high-deductible health insurance plans to their workers. A separate random sample of 100 firms taken in 2007 showed that 45 offered high-deductible health insurance plans to their workers. Based on the sample results, can you conclude that there is a higher proportion of companies offering high-deductible health insurance plans to their workers in 2007 than in 2006? Conduct your hypothesis test at a level of significance =0.02. ation proportion from 2007, and let p2 be the population proportion from 2006. altemative hypotheses. Choose the correct answer below. al value(s) (Use a comma to separate answers as needed. Round to two decimal places as needed.) Suppose a random sample of 90 companies taken in 2006 showed that 24 offered high-deductible health insurance plans to their workers. A separate random sample of 100 firms taken in 2007 showed that 45 offered high-deductible health insurance plans to their workers. Based on the sample results, can you conclude that there is a higher proportion of companies offering high-deductible health insurance plans to their workers in 2007 than in 2006? Conduct your hypothesis test at a level of significance =0.02. ation proportion from 2007, and let p2 be the population proportion from 2006. altemative hypotheses. Choose the correct answer below. al value(s) (Use a comma to separate answers as needed. Round to two decimal places as needed.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
