Business stats Study guides, Class notes & Summaries

Project Volumes (forecasting stage) - Ans based on expert opinion, stats, historical data, shifts in patient mix, changes in medical staff composition, changes in inflation/reimbursement ratws, expansion/cutbacks, population fluctuations based on economy Steps to creating a budget - Ans 1. project volumes 2. convert volumes to revenue 3. convert volumes into expense requirements 4. Adjust revenue/ expenses as necessary to meet budget margin gross revenue - Ans Rates x Production ...

The main purpose of descriptive statistics is to correct answer: Summarize data in a useful and informative manner Which word is NOT part of the definition of descriptive statistics? correct answer: Predicting A marketing class of 50 students evaluated the instructor using the following scale: superior, good, average, poor, and inferior. The descriptive summary showed the following survey results: 2% superior, 8% good, 45% average, 45% poor, and 0% inferior. correct answer: c. Most stud...

Straighterline Business Stats Final Exam Questions and Answers Rated A+ The main purpose of descriptive statistics is to Summarize data in a useful and informative manner Which word is NOT part of the definition of descriptive statistics? Predicting A marketing class of 50 students evaluated the instructor using the following scale: superior, good, average, poor, and inferior. The descriptive summary showed the following survey results: 2% superior, 8% good, 45% average, 45% poor, a...

The main purpose of descriptive statistics is to Summarize data in a useful and informative manner Which word is NOT part of the definition of descriptive statistics? Predicting A marketing class of 50 students evaluated the instructor using the following scale: superior, good, average, poor, and inferior. The descriptive summary showed the following survey results: 2% superior, 8% good, 45% average, 45% poor, and 0% inferior. c. Most students rated the instructor as poor or average. What...

Straighterline Business Stats Questions and Answers 100% Pass A marketing class of 50 students evaluated the instructor using the following scale: superior, good, average, poor, and inferior. The descriptive summary showed the following survey results: 2% superior, 8% good, 45% average, 45% poor, and 0% inferior. Most students rated the instructor as poor or average. The general process of gathering, organizing, summarizing, analyzing, and interpreting data is called ____________. S...

Straighterline Business Stats Final Exam Actual Real Questions & Answers | Updated > Already Passed The main purpose of descriptive statistics is to - ANSWER : Summarize data in a useful and informative manner Which word is NOT part of the definition of descriptive statistics? - ANSWER : Predicting A marketing class of 50 students evaluated the instructor using the following scale: superior, good, average, poor, and inferior. The descriptive summary showed the following su...

Straighterline Business Stats Final Exam

Straighterline Business Stats Final Exam Actual Real Questions & Answers | Updated > Already Passed The main purpose of descriptive statistics is to - ANSWER : Summarize data in a useful and informative manner Which word is NOT part of the definition of descriptive statistics? - ANSWER : Predicting A marketing class of 50 students evaluated the instructor using the following scale: superior, good, average, poor, and inferior. The descriptive summary showed the following su...