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Asymmetric information is a key consideration throughout the field of health economics. In a brief essay, compare and contrast the following three issues caused by information discrepancies: The Principal-Agent Problem, Moral Hazard, and Adverse selection. Include policy or managerial strategies for overcoming these issues in your discussion..

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- At =.01, can it be concluded that the average birthweight from this hospital is different from the natio average? (a) Find the critical value. (b) Find the value of the test statistic for the above hypothesis. (c) Find the p-value. (d) What is the correct way to draw a conclusion regarding the above hypothesis test? critical value (correct to 2 decimals) test statistic (correct to 2 decimals) p- value (correct to 4 decimals) (A) If the answer in (a) is greater than the answer in (c) then we reject H0 and conclude at the 1% significance level that we have sufficient evidence that the average birthweight from this hospital is different from the national average. (B) If the answer in (b) is less than the answer in (a) then we reject H0 and conclude at the 1% significance level that we have sufficient evidence that the average birthweight from this hospital is different from the national average. (C) If the answer in (c) is greater than 0.01 then we reject H0 and conclude at the 1% significance level that we have sufficient evidence that the average birthweight from this hospital is different from the national average. (D) If the answer in (b) is greater than the answer in (c) then we reject H0 and conclude at the 1% significance level that we have sufficient evidence that the average birthweight from this hospital is different from the national average. (E) If the answer in (c) is less than 0.01 then we fail to reject H0 and conclude at the 1% significance level that we have insufficient evidence that the average birthweight from this hospital is different from the national average.(F) If the answer in (b) is less than the answer in (a) then we fail to reject H0 and conclude at the 1% significance level that we have insufficient evidence that the average birthweight from this hospital is different from the national average. (G) If the answer in (a) is greater than the answer in (c) then we fail to reject H0 and conclude at the 1% significance level that we have insufficient evidence that the average birthweight from this hospital is different from the national average. (H) If the answer in (b) is greater than the answer in (c) then we fail to reject H0 and conclude at the 1% significance level that we have insufficient evidence that the average birthweight from this hospital is different from the national average.

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