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viva [34]
3 years ago
9

Hospital administrators wish to learn the average length of stay of all surgical patients. a statistician determines that, for a

95% confidence level estimate of the average length of stay to within +/- 0.5 days, 50 surgical patients' records will have to be examined. how many records should be looked at to obtain a 95% confidence level estimate to within +/- 0.25 days?
Business
1 answer:
Setler [38]3 years ago
7 0

20,000 records should be looked

Solution:

Solve for s :  50 = [1.96*s/0.5]

25 = 1.96s

s = 12.75

Solve for "n":  n = [1.96*12.75/0.25]^2

n = [100]^2

n = 20,000

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Substitution

Explanation:

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Concentration ratios measure the Group of answer choices geographic location of the largest corporations in each industry. degre
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percentage of total industry sales accounted for by the largest firms in the industry.

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3 years ago
How does the dynamic model of aggregate supply and aggregate demand explain​ inflation? A. by showing that if total spending in
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The correct answer is option A.

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Diaz Company owns a milling machine that cost $126,600 and has accumulated depreciation of $92,600. Prepare the entry to record
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Answer:

The Journal entries are as follows:

(i)

Accumulated Depreciation - Machine Equipment A/c Dr. $92,600

Loss on Disposal A/c Dr. $34,000

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(To record the disposal)

(ii)

Cash A/c Dr. $17,500

Accumulated Depreciation - Machine Equipment A/c Dr. $92,600

Loss on sale/disposal A/c Dr. $16,500

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(To record the sale)

(iii)

Cash A/c Dr. $34,000

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(To record the sale)

(iv)

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