Medicare would like to test the hypothesis that the standard deviation for the monthly rate for one- bedroom assisted- living facility is more than $400. A random sample of 17 assisted living facilities had a standard deviation of $530. Using α = 0.01, the critical value for this hypothesis test would be ______.
A) 34.267
B) 6.908
C) 32.000
D) 5.812
Correct Answer:
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