1. The probabilities associated with the expected principal source of payment for the hospitai discharges in the United States in the year 1990 are listed below. Principal source of payment | Probability Private insurance Medicare Medicaid Other Govt. Program Self-payment Other/no charge 0.387 0.345 0.116 0.033 0.058 0.028 Not stated 0.033 Total 1.00 What is the probability that the principal source of payment for a given hospital discharge a. is the patient's private insurance. OY b. What is the probability that the principal source of payment is Medicare, Medicaid, or some other government program? с. Given that the principal source of payment is a Government program what is the probability that it is a Medicare.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
100%
1. The probabilities associated with the expected principal source of payment for the hospitai
discharges in the United States in the year 1990 are listed below.
Principal source of payment | Probability
Private insurance
Medicare
Medicaid
Other Govt. Program
Self-payment
Other/no charge
Not stated
0.387
0.345
0.116
0.033
0.058
0.028
0.033
Total
1.00
What is the probability that the principal source of payment for a given hospital discharge
a.
is the patient's private insurance.
OY
b.
What is the probability that the principal source of payment is Medicare, Medicaid, or
some other government program?
c.
Given that the principal source of payment is a Government program what is the
probability that it is a Medicare.
Transcribed Image Text:1. The probabilities associated with the expected principal source of payment for the hospitai discharges in the United States in the year 1990 are listed below. Principal source of payment | Probability Private insurance Medicare Medicaid Other Govt. Program Self-payment Other/no charge Not stated 0.387 0.345 0.116 0.033 0.058 0.028 0.033 Total 1.00 What is the probability that the principal source of payment for a given hospital discharge a. is the patient's private insurance. OY b. What is the probability that the principal source of payment is Medicare, Medicaid, or some other government program? c. Given that the principal source of payment is a Government program what is the probability that it is a Medicare.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Research Ethics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON