A Local Health Center Noted That in a Sample of 400

question 45

Short Answer

A local health center noted that in a sample of 400 patients 80 were referred to them by the local hospital.
a.Provide a 95% confidence interval for all the patients who are referred to the health center by the hospital.
b.What size sample would be required to estimate the proportion of hospital referrals with a margin of error of 0.04 or less at 95% confidence?

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Definitions:

Civil Penalties

Fines or financial sanctions imposed by a regulatory agency as punishment for violating rules or regulations.

Misappropriation Theory

A legal theory regarding insider trading that holds individuals liable for trading on confidential information.

SEC Rule 10b5-2

A regulation established by the Securities and Exchange Commission (SEC) that clarifies the definition of insider trading, particularly in relation to the misuse of non-public information.

Negligence

The failure to take reasonable care to avoid causing injury or loss to another person.