Medicare would like to test the hypothesis that the standard deviation for the monthly rate for a one- bedroom assisted- living facility is more than $400. A random sample of 17 assisted living facilities had a standard deviation of $530. The test statistic for this hypothesis test would be ________.
A)28.09
B)15.06
C)19.72
D)24.56

Question

Quizplus · Accepted Answer

The test statistic for this hypothesis test would be 28.09. This is calculated by dividing the sample standard deviation by the hypothesized standard deviation: 530 / 400 = 28.09.

Medicare Would Like to Test the Hypothesis That the Standard