A National Study Report Released by the Center for Studying

question 20

Multiple Choice

A national study report released by the Center for Studying Health System Change (HSC) in 2010, indicated that 20.9% of Americans were identified as having medical bill financial issues.Many people in families with problems paying medical bills in 2010 experienced severe financial consequences from their medical debt, with about two-thirds reporting problems paying for other necessities and a quarter considering bankruptcy, the study found.What if a news organization randomly sampled 400 Americans from 10 cities and found that 90 reported having such difficulty.A test was done to investigate whether the problem is more severe among these cities.The p-value for this test is ________________________ .

• A)0.2156
• B)0.0539
• C)0.1078
• D)0.4312
• E)None of the above.

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Definitions:

Personal Computers

Electronic devices designed for individual use, capable of executing a wide array of tasks such as word processing, accessing the internet, and running software applications.

Sales Growth Rate

A measure of the increase in sales over a specific period, usually expressed as a percentage.

Financial Statements

Structured reports detailing the financial activities and condition of a business, including balance sheet, income statement, and cash flow statement.

Sustainable Growth Rate

The maximum rate at which a company can grow its earnings without needing to increase financial leverage or equity financing.