Help #2: percentage of billed charges that are actual costs

anthony1954

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Joined
Mar 23, 2017
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2
A state health web site provides information on the cost-to-charge ratio (the percentage of billed charges that are actual costs to the hospital). The cost-to-charge ratios for both inpatient and outpatient care in 2002 for a sample of six hospitals of that state follow. (Use a statistical computer package to calculate the P-value. Use μinpatientμoutpatient. Round your test statistic to two decimal places and your P-value to three decimal places.)
Hospital2002
Inpatient
Ratio
2002
Outpatient
Ratio
18568
210366
38964
47875
57653
67652

t=
df=
P-value=
 

stapel

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Staff member
Joined
Feb 4, 2004
Messages
15,945
A state health web site provides information on the cost-to-charge ratio (the percentage of billed charges that are actual costs to the hospital). The cost-to-charge ratios for both inpatient and outpatient care in 2002 for a sample of six hospitals of that state follow. (Use a statistical computer package to calculate the P-value. Use μinpatientμoutpatient. Round your test statistic to two decimal places and your P-value to three decimal places.)
Hospital2002
Inpatient
Ratio
2002
Outpatient
Ratio
18568
210366
38964
47875
57653
67652

t=
df=
P-value=
What are your thoughts? What have you tried? How far have you gotten? Where are you stuck in plugging the info into the specified software package? What is your specific question to us?

Please be complete. Thank you! ;)
 
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