Question

Medical billing errors and fraud are on the rise. According to the MBAA website, 8 out of 10 times, the medical bills that you get are not right. If a sample of 10 medical bills is selected, a) What is the probability that 0 medical bills will contain errors? Round answer to 4 decimal places i.e. 0.6537 b) What is the mean of the probability distribution? Round answer to 4 decimal places i.e. 0.6537

Name: medical billing errors and fraud are on the rise according to the mbaa website 8 out of 10 times the medical bills that you get are not right if a sample of 10 medical bills is selected a wh 04765
Uploaded: 2022-02-11T20:33:01-08:00
Duration: 2 min 30 s
Channel: Anna D.
Description: medical billing errors and fraud are on the rise according to the mbaa website 8 out of 10 times the medical bills that you get are not right if a sample of 10 medical bills is selected a wh 04765

          Medical billing errors and fraud are on the rise. According to the MBAA website, 8 out of 10 times, the medical bills that you get are not right. If a sample of 10 medical bills is selected, 
a) What is the probability that 0 medical bills will contain errors? 
Round answer to 4 decimal places i.e. 0.6537
b) What is the mean of the probability distribution? 
Round answer to 4 decimal places i.e. 0.6537

Added by Marina L.

Elementary Statistics a Step by Step Approach

Allan G. Bluman 9th Edition

Instant Answer

Solved by Expert Anna D.

02/11/2022

Step 1

- Using the formula for the probability distribution, we have P(X=0) = (10 choose 0) * (0.8)^0 * (1-0.8)^(10-0) - This simplifies to P(X=0) = 1 * 1 * 0.2^10 - P(X=0) = 0.0001024 Show more…

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Medical billing errors and fraud are on the rise. According to the MBAA website, 8 out of 10 times, the medical bills that you get are not right. If a sample of 10 medical bills is selected, a) What is the probability that 0 medical bills will contain errors? Round answer to 4 decimal places i.e. 0.6537 b) What is the mean of the probability distribution? Round answer to 4 decimal places i.e. 0.6537