A Survey for Brand Recognition Is Done and It Is $\mu - 2 \sigma \text { or greater than } \mu + 2 \sigma \text {. }$

question 47

Multiple Choice

A survey for brand recognition is done and it is determined that 68% of consumers have heard of Dull Computer Company. A survey of 800 randomly selected consumers is to be
Conducted. For such groups of 800, would it be significant to get 634 consumers who
Recognize the Dull Computer Company name? Consider as significant any result that differs
From the mean by more than 2 standard deviations. That is, significant values are either less $\mu - 2 \sigma \text { or greater than } \mu + 2 \sigma \text {. }$

• A) Yes
• B) No

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Definitions:

Health Care Economics

A branch of economics concerned with issues related to efficiency, effectiveness, value, and behavior in the production and consumption of health and healthcare.

Health Care Services

A broad range of services provided by professionals to support individuals' health, including prevention, diagnosis, treatment, and management of illnesses and injuries.

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or provides reimbursement to the insured for expenses incurred from illness or injury.

Health Care Dollars

Refers to the financial resources allocated to the health care system, including government spending, private insurance, and out-of-pocket expenses by individuals.