Question 319712
An auditor for a government agency is assigned the task of evaluating reimbursement for office visits to physicians paid by Medicare. The audit was conducted on a sample of reimbursements. The sample data are in the ”Sheet 1
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No Sheet I was posted so none of the following can be calculated.
Cheers,
Stan H.
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(a) Compute a sample mean, a sample standard deviation, and a standard error of the mean.

(b) Is there any evidence that the average reimbursement in the population is exactly $120? Test
this hypothesis at the 1%, 5%, and 10% level of significance, respectively.