Multiple Choice
Medicare would like to test the hypothesis that the standard deviation for the monthly rate for a one- bedroom assisted- living facility is more than $400. A random sample of 17 assisted living facilities had a standard deviation of $530. The test statistic for this hypothesis test would be ________.
A) 28.09
B) 15.06
C) 19.72
D) 24.56
Correct Answer:
Verified
Correct Answer:
Verified
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