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A billing company that collects bills for​ doctors' offices in the area is concerned that the percentage of bills being paid by medical insurance has risen.​ Historically, that percentage has been 31​%. An examination of 8,606 ​recent, randomly selected bills reveals that 32​% of these bills are being paid by medical insurance. Is there evidence of a change in the percent of bills being paid by medical​ insurance

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Answer:

Following are the responses to the given question:

Step-by-step explanation:

[tex]H_o : p =0.31\\\\H_a: p \neq 0.31\\\\n = 8606 \\\\ p^ = 0.32[/tex]

[tex]TS = \frac{(p^ - p)}{\sqrt{(\frac{pq}{n})}}[/tex]

      [tex]= \frac{(0.32-0.31)}{\sqrt{(\frac{0.31\times 0.69}{8368})}}\\\\=\frac{0.01}{5.4}\\\\=0.00185\\\\[/tex]

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