What would be an implication of the results

Reference no: EM13933779

Paying for Prescriptions A medical researcher wishes to determine if the way people pay for their medical prescriptions is distributed as follows: 60% personal funds, 25% insurance, 15% Medicare. A sample of 50 people found that 32 paid with their own money, 10 paid using insurance, and 8 paid using Medicare. At a = 0.05 is the assumption correct? Use the P-value method. What would be an implication of the results?

Reference no: EM13933779

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What would be an implication of the results : A sample of 50 people found that 32 paid with their own money, 10 paid using insurance, and 8 paid using Medicare. At a = 0.05 is the assumption correct? Use the P-value method. What would be an implication of the results?

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