All patients admitted to a particular hospital can be released on the same day or kept overnight for observation. In a sample of 2550 patients, 1020 were kept overnight for observation a) What is the point estimate ?̂for the proportion of all patients kept overnight for observation? [1] b) Construct a 99% confidence interval for the proportion of all patients kept overnight for observation.
All patients admitted to a particular hospital can be released on the same day or kept overnight for observation. In a sample of 2550 patients, 1020 were kept overnight for observation a) What is the point estimate ?̂for the proportion of all patients kept overnight for observation? [1] b) Construct a 99% confidence interval for the proportion of all patients kept overnight for observation.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section: Chapter Questions
Problem 40P: The Baker Company wants to develop a budget to predict how overhead costs vary with activity levels....
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Question
All patients admitted to a particular hospital can be released on the same day or kept overnight for
observation. In a sample of 2550 patients, 1020 were kept overnight for observation
a) What is the point estimate ?̂for the proportion of all patients kept overnight for
observation? [1]
b) Construct a 99% confidence interval for the proportion of all patients kept overnight for
observation.
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