Standard deviation of the total hospital charges


An insurance agent says the standard deviation of the total hospital charges for patients involved in a crash which the vehicle struck a construction barricade is less than 3300. A random sample of 28 total hospital charges for patients involved in this type of crash has a standard deviation of 3800. At ? = .01 can you support the agent's claim?

Identify the P-Value.

The answer should be .8803 but I don't know how to get it.

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Standard deviation of the total hospital charges
Reference No:- TGS0750323

Expected delivery within 24 Hours