A medical clinic is randomly selecting three staff members to attend a conference. The clinic employees include 7 nurses, 3 doctors, and 4 office staff. What is the probability that three nurses are selected to attend the conference? 0.10 O 0.13 O 0.42 0.50
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- Don Masters and two of his colleagues are considering opening a law office in a largemetropolitan area that would make inexpensive legal services available to those whocould not otherwise afford these services. The intent is to provide easy access for theirclients by having the office open 360 days per year, 16 hours each day from 7:00 a.m. to11:00 p.m. The office would be staffed by a lawyer, paralegal, legal secretary, andclerk-receptionist for each of the two 8-hour shifts.In order to determine the feasibility of the project, Don hired a marketing consultantto assist with market projections. The results of this study show that if the firm spends$500,000 on advertising the first year, the number of new clients expected each daywould have the following probability distribution:Don and his associates believe these numbers are reasonable and are prepared tospend the $500,000 on advertising. Other pertinent information about the operation ofthe office is as follows.The only charge to…EA4. LO 12.2Sara has just taken a job as the middle school assistant principal for an area school district. Prior to this, she was a teacher. She has received the following performance measurements for her first administrative job. Her first order of business is to determine if these performance measurements are short-term goals or long-term goals based on her individual situation. She has completed her administrative degree but has not yet worked as an administrator. Identify each of the following goals as short term or long term. a. Conduct teacher walk-throughs/observations/evaluations for teachers of grades 6 and 7. b. Assist the district’s mission in seeking to educate all youth in the school district. c. Train to become a building instructional leader. Act as building administrator in the absence of the principal. d. Attend meetings with building principals and the administrative team when called to do so. e. Engage all students in a meaningful way, and support teachers and…Assume you wrote up a proposal requesting $5000 for charity. The money would be used to buy food that volunteers (employees from the company) would distribute to the homeless on Saturday. The proposal is approved and you receive the money. However, the CEO comes to you and asks, "What will be the return on the investment?" How would you reply?
- question 7. Fill in the blank. The following table contains select data concerning several outpatient clinics in a new ambulatory care center at Hope University Hospital. Fill in the missing informationAccording to the Government Accountability Office, fraud and abuse account for nearly. health care. Multiple Choice о O O O 10% 11% 15% 20% 25% Home percent of all dollars spent onYou are the laboratory manager. The hospital administration wants to penetrate the market and expand the business by performing Parathyroid Surgeries (reimbursement $15,000). They have enticed a prominent surgeon to join the staff He plans on scheduling four surgeries per week - two on Tuesday and two on Thursdays. Every case will need on intact Parathyroid Hormone (PTH) performed STAT during surgery. You currently send this test to your reference laboratory with a minimum 24-hour TAT. None of the analyzers currently in your lab are capable of running this test. The best pricing you obtain is from Siemens Diagnostics for an Immulite 1000. The price of the analyzer is $75,000. The price of the test kit is $800 for 100 tests. The test requires three levels of controls run per 24 hours. The stability of the test kit once opened is eight weeks. Reimbursement for the test is $20. You realize that you will only be able to run on average 32 tests (patient reportable results) before discarding…
- In its mission statement a local hospital declares that it is committed to provide care to patients arriving at the emergency unit in less than 15 mins and that it will never turn away patients who need to be hospitalised for further medical care.What implications does this mission have on strategic operations management decisions.Ann Reynolds has recently been hired as practice manager for Dr. LaRue. In reviewing the financial records of the practice, she notices that a substantial amount of money is owed by patients with outstanding balances. Further review finds that the practice has no written financial policies outlining the responsibility of patients in paying for their costs of medical care. Outline a set of basic financial policies to address patient responsibility for payment of charges.Ronald Roth started his new job as controller with Aerosystems today. Carole, the employee benefits clerk, gave Ronald a packet that contains information on the company's health insurance options. Aerosystems offers its employees the choice between a private insurance company plan (Blue Cross/Blue Shield), an HMO, and a PPO. Ronald needs to review the packet and make a decision on which health care program fits his needs. The following is an overview of that information. a) The monthly premium cost to Ronald for the Blue Cross/Blue Shield plan will be $59.79. For all doctor office visits, prescriptions, and major medical charges, Ronald will be responsible for 20 percent, and the insurance company will cover 80 percent of covered charges. The annual deductible is $840. b) The HMO is provided to employees free of charge. The copayment for doctors' office visits and major medical charges is $25. Prescription copayments are $20. The HMO pays 100 percent after Ronald's copayment. There is…
- 28 Total sleep time of college students. In Example 4, the total sleep time per night among college students was approximately Normally distributed with mean u = 6.78 hours and standard deviation o = 1.24 hours. You plan to %3D %3D take an SRS of size n = 120 and compute the average total %3D sleep time. (a) What is the standard deviation for the average time? (b) Use the 95 part of the 68-95-99.7 rule to describe the variability of this sample mean. (c) What is the probability that your average will be below 6.9 hours?How did COVID-19 chnage medical supplies where they're needed during emergencies. How can that be changed now?Recent research into the cost of various medical procedures has shown the impact of certain complications encountered in surgery on the total cost of a patient’s stay in the hospital. The researchers used regression analysis and found the following results: Total cost for patient = Constant, plus a × Length of stay (measured in days), plus b × Presence of one or more complications (= 1 if true, 0 if false), plus c × Use of a laparoscope (= 1 if true, 0 if false) where a, b, c are coefficients of the regression model. The laparoscope is an instrument somewhat like a miniature telescope with a fiber-optic system that brings light into the abdomen. It is about as big around as a fountain pen and twice as long. The research, based on 63 patients, showed the following regression results: R-squared: 56% Constant term: $3,158 Coefficients and t-values for independent variables: Length of Stay Complications Laparoscope Coefficient $ 887 $ 1,912 $ 928 t-value 7.51 5.30…