Yvonne's Employer Offers a Health Plan That Has a Group

question 27

Multiple Choice

Yvonne's employer offers a health plan that has a group of doctors and hospitals that agree to provide specified medical services to members at prearranged fees.This health plan offers some flexibility since members can either visit a physician from a list or go to their own doctors.What kind of plan does her employer offer?

• A) Health maintenance organization (HMO)
• B) Private insurance company
• C) Hospital and medical service plan
• D) Medicare
• E) Preferred provider organization (PPO)

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Definitions:

Level Of Significance

The threshold used to determine the statistical significance of an observed effect; denoted by alpha, typically set at 0.05 or 5%.

P-value

The chance of obtaining test outcomes that are as drastic as, or more drastic than, the ones actually observed, under the premise that the null hypothesis is right.

One-tailed Hypothesis Test

A specific type of statistical test that looks for evidence of an effect in one direction.

P-value

The probability of getting results from tests that are at least as exceptional as the outcomes truly noted, assuming the null hypothesis is factual.