A disagreement<span> between countries about where the </span>border<span> between them should be drawn</span>
Answer: The test/procedure that was performed was the One-sided t-test.
Explanation:
The one-sided t-test was performed because they were checking if the average of one variable is larger than the average of the other variable used.
The P-value/margin of error is 3.59609E-07 and the statistical interpretation of this is the value of the P-value was much smaller than 5%. This let the test result conclusive.
The other test that is performed in some of these cases are called the two-sided t-test.
When asked to guess whether Mark is from Montana or California, you guess California because more people live in California. You have used "base rate information" in making your decision.
<h3>What is Base Rate in Psychology?</h3>
Base rate is the frequency of a phenomenon that naturally occurs in a population. Using base rate information, rational decisions are made taking into account the general occurrence in a larger population in favour of the specific incidence in a particular case.
Effects of base rate information are-
- Base rate fallacy, as used in behavioural finance, is the propensity for people to incorrectly assess the likelihood of a situation by ignoring all pertinent information.
- Investors may instead place a greater emphasis on recent information without taking into account how this affects their initial hypotheses.
To know more about the characteristics of an annual percentage rate, here
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Answer:
I would tell Mr. Moy that Medicare Supplemental Insurance would help cover his Part A and Part B cost sharing in Original Fee-for-Service (FFS) Medicare as well as possibly some services that Medicare does not cover.
Explanation:
There is a difference between medicare advantage plan and the original medicare plan. Medicare advantage plan provide a coverage from private insurance company that is cooperating with the government to provide additional services that are not offered in the original plan. (which is why the cost is also higher)
The medicare advantage plan include both original part A and B of the medicare plan along with additional options for paying specific type of medical service that you paid per treatments. This advantage plan will provide more flexibility for couples who have different medical needs compared to the original plan.