What test can be used to test the hypothesis that an increas

Assignment Help Finance Basics
Reference no: EM131144295

Medical errors are common in hospitals throughout the world. One possible causal factor is the long work hours of hospital personnel. In a pilot study investigating this issue, medical residents were encouraged to sleep 6-8 hours per night for a 3-week period instead of their usual irregular sleep schedule. The researchers expected, given previous data, that there would be one medical error per resident per day on their usual irregular sleep schedule.

Suppose two residents participate in the program (each for 3 weeks), and chart review finds a total of 20 medical errors made by the two residents combined.

a. What test can be used to test the hypothesis that an increase in amount of sleep will change the number of medical errors per day?

b. Implement the test in Problem 7.90, and report a two-tailed P-value.

c. What would be the power of the type of test used in Problem 7.91 under these assumptions?

Reference no: EM131144295

Questions Cloud

Determine the reorder point that will achieve a 98 service : Buy-More stocks color graphics monitors. The daily demand is normally distributed with a mean of 1.6 monitors and a standard deviation of 0.4 monitors. The lead time to receive an order from the manufacturer is a constant 15 days. Determine the reord..
The company recorded this amount as an addition : On December 31, 2010, Jarnigan Co. estimated that 2% of its net sales of $400,000 will become uncollectible. The company recorded this amount as an addition to Allowance for Doubtful Accounts.
Calculate the test statistics or p value and state the concl : A coin that is balanced should come up heads half the time in the long run. A coin is tossed 4040 times and gives 2085 heads. Is the coin biased? Use Alpha = .05. (State the Hypothesis Scenario, calculate the test statistics or p - value and state th..
Prepare journal entries to record the 2010 transactions : At December 31, 2009, Braddock Company had a balance of $15,000 in the Allowance for Doubtful Accounts. During 2010, Braddock wrote off accounts totaling $13,000. One of those accounts ($1,800) was later collected.
What test can be used to test the hypothesis that an increas : What test can be used to test the hypothesis that an increase in amount of sleep will change the number of medical errors per day? Implement the test in Problem 7.90, and report a two-tailed P-value. What would be the power of the type of test used i..
Determine the total estimated uncollectibles : Ingles Company has accounts receivable of $93,100 at March 31. An analysis of the accounts shows the information.
What are the degrees of freedom for among values : What is the hypothesis scenario? What are the degrees of freedom for Among Values? What is the SST?
The ledger of hixson company at the end of the current year : If Allowance for Doubtful Accounts has a credit balance of $2,100 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be
Does he have a case is the procedure not fair : He said the 1st person had 1 chance in 10 of going overboard, but he has 1 in 4. (4 straws left, 1 short and 3 long) The odds of 1 in 4 are a great deal larger than those of 1 in 10. Does he have a case?

Reviews

Write a Review

Finance Basics Questions & Answers

  The funds ability to profit

Apex Inc., is a biotechnology company that is about to announce the results of its clinical trials of a potential new cancer drug. If the trials were successful, apnex stock will be worth $70 each share.

  What are total per unit variable costs

Variable material costs for a product are $5.43 per unit, and variable labor costs are $3.13 per unit.

  Schedule of indebted individuals

Schedule of indebted individuals was totalled Rs. 16,280 rather than Rs. 16,380. Om Prakash keeps up procurement for terrible obligations @ 5%.

  Expected rate of return

Starlight, corporation must choose between two asset purchases. The yearly rate of return and related probabilities given below summarize the firm's analysis.

  Confidence the proportion of all americans

In a random sample of 750 Americans, 39.1% indicated that they have a cat for a pet. Estimate with 93% confidence the proportion of all Americans that have cats as pets. (Give the confidence interval in percentages.)

  Write down the differences between authorized issued and

what are the differences between authorized issued and outstanding shares? what is a bid price and what is an ask

  Compute the realized rate of return for an investor who

six years ago the singleton company issue 19-year bonds with a 13 annual conpon rate at their 1000 par value. the bonds

  What strategic objective would this address

What strategic objective would this address?

  Choose any four lsquocausesrsquo of change within a project

q1choose any four lsquocausesrsquo of change within a project in table 9.1 in the text. provide a project example and

  Are the benefits of further education worth the associated

Jenny feels that her opportunity cost of capital is 6%. Given her estimates, find the net present value (NPV) of entering this MBA program. Are the benefits of further education worth the associated costs?

  Explain the different risk-return tradeoff from same class

explain why the very assets that regulators have deemed safe for capital requirement calculations for banks have been

  Within the discussion board area write 400ndash600 words

within the discussion board area write 400ndash600 words that respond to the following questions with your thoughts

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd