The average daily room charge for a semi-private hospital room in a nonprofit hospital in Wisconsin was $2,080. A random sample of 40 other states showed an average charge of $1,928 with a standard deviation of $680. The State Journal wrote an article stating that Wisconsin hospital rooms were higher than other states average costs. Is the journal statistically correct in their statement? Determine if The State Journal is correct in their statement using the test statistic at a 5% level of significance.
The average daily room charge for a semi-private hospital room in a nonprofit hospital in Wisconsin was $2,080. A random sample of 40 other states showed an average charge of $1,928 with a standard deviation of $680. The State Journal wrote an article stating that Wisconsin hospital rooms were higher than other states average costs. Is the journal statistically correct in their statement? Determine if The State Journal is correct in their statement using the test statistic at a 5% level of significance.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The average daily room charge for a semi-private hospital room in a nonprofit hospital in Wisconsin was $2,080. A random sample of 40 other states showed an average charge of $1,928 with a standard deviation of $680. The State Journal wrote an article stating that Wisconsin hospital rooms were higher than other states average costs. Is the journal statistically correct in their statement?
Determine if The State Journal is correct in their statement using the test statistic at a 5% level of significance.
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