An auditor reviewed 22 oral surgery insurance claims from a particular surgical office, determining that the mean out-of-pocket patient billing above the reimbursed amount was $270.89 with a standard deviation of $76.48.At the 5 percent level of significance, does this sample prove a violation of the guideline that the average patient should pay no more than $250 out-of-pocket?(a-1)H0:μ≤ $250 versusH1:μ> $250. Choose the right option.
multiple choice 1
(a-2)Calculate the test statistic.(Round your answer to 2 decimal places.)Test statistic(a-3)The null hypothesis should be rejected.multiple choice 2
(a-4)The evidence does not show that the average out-of-pocket expense is greater than $250.multiple choice 3
(b)Is this a close decision?multiple choice 4
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