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The average cost of a lost laptop using information from various industries is $49,246. This average includes laptop replacement, data breach cost, lost productivity cost, and other legal and forensic costs. A separate study of 30 cases from the health care industry produced a mean of $67,873. Given these figures, is there sufficient evidence to support the claim that health care laptop replacement costs are higher in general? Use a .01 level of significance and a standard deviation of  = $25,000. Perform your hypothesis testing using a one tail “P-value probability” concept.

User Verbanicm
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Answer:

The claim that healthcare laptop replacement costs are higher than in other industries.

User Pawneshwer Gupta
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