Lab4b
Critical Thinking Exercise 1: Hand in with homework for 2nd test. Typed.
I was watching TV and I saw a NC Blue Cross/Blue Shield Insurance commercial. It said that we would spend more on health this year than we would expect. It quoted the price of $7,000 per viewer (during ACC basketball game). I guess that the number comes from the attached source. Based on our discussion of central tendency measures do you agree? Please provide me with a thoughtful statistical evaluation of their claim. Are they being misleading? Please feel free to do additional research to support your typed paragraph response. A strong answer will show command of measures of central tendency (and Naked Statistics would be plus, chapter 3-4). Typed paragraph or so.
This may help:
http://www.zanran.com/q/Health_Care_Expenditures_by_Age_Group