Mathematics
Mathematics, 17.04.2020 01:55, geeez65

Medicare would like to test if the average monthly rate for one-bedroom assisted-living facility is different from $3,300. Suppose that you collect sample information and, based on the hypothesis test, determine that the z test statistic is equal to 1.98 while the critical value of z is 2.05. How would you state the conclusion?

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Medicare would like to test if the average monthly rate for one-bedroom assisted-living facility is...

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