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Author Question: A scatter plot is a useful tool to examine the data before conducting correlation analysis. ... (Read 490 times)

j.rubin

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on: Jun 24, 2018
A scatter plot is a useful tool to examine the data before conducting correlation analysis.
 
  Indicate whether the statement is true or false

Question 2

Medicare would like to test the hypothesis that the average monthly rate for one-bedroom assisted-living facility is equal to 3,300. A random sample of 12 assisted-living facilities had an average rate of 3,690 per month.
 
  The standard deviation for this sample was 530. Medicare would like to set  = 0.05. The critical value for this hypothesis test would be ________.A) 2.201
  B) 1.645
  C) 2.761
  D) 1.985


karmakat49

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

A


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