Consult a physician to confirm a medical condition

Assignment Help Basic Statistics
Reference no: EM131746395

Medicine and Clinical Studies According to a Pew Research Center survey, approximately 35% of Americans attempt to diagnose a medical condition online.49 Highmark insurance company is concerned about the rising number of online diagnosers and the resulting failure to consult a physician. They have decided to select 25 policyholders at random. If the number of online diagnosers is 11 or fewer, then no action will be taken. Otherwise, they will begin a campaign to remind policyholders that they should always consult a physician to confirm a medical condition.
a. Suppose the true proportion of online diagnosers is 0.35. What is the probability that Highmark will begin a new reminder campaign?
b. Suppose the true proportion of online diagnosers is 0.40. What is the probability that no action will be taken? What if the true proportion is 0.50?
c. Suppose the decision rule is changed such that if the number of online diagnosers is 12 or fewer, then no action will be taken. Answer parts (a) and (b) using this rule.

Reference no: EM131746395

Questions Cloud

What is the probability that abby has no caf-pows : What is the probability that Abby has no Caf-Pows on the show? b. What is the probability that she is shown having at most 3 Caf-Pows on the show
What could mazda learn from eye-tracking software : What could Mazda learn from eye-tracking software that would be difficult to learn from other observational methods?
Discrete uniform random variable : Discrete Uniform Random Variable Suppose X is a random variable - Find the mean, variance, and standard deviation of X in terms of n
Define the resulting sample size : Define the resulting sample size as N = R1 + R2 + · · · + Rm. What is the distribution of N? What is E(N/m)
Consult a physician to confirm a medical condition : What is the probability that Highmark will begin a new reminder campaign - What is the probability that no action will be taken? What if the true proportion
Discuss the quantity on hand of one product : Each production authorization results in the increase to the quantity on hand of one product
Describe specific quantitative methods : Describe specific quantitative methods and tools that could be used within your discipline to gather data. Include your rationale.
Discuss logan company and morgan company : Presented below are variable costing income statements for Logan Company and Morgan Company
What is the probability that a customer will receive : Find the mean, variance, and standard deviation of X. c. What is the probability that a customer will receive at least 20% off on his or her purchase

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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