Determining the maximum utilization of days
Nursing home contracts with HMO for skilled nursing care at $2.00 PMPM. If costs are expected to average $120 per day, determine the maximum utilization of days per 1,000 members that nursing home can experience before it starts to lose money?
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Assume that at a particular branch, population mean amount of money withdrawn from ATMs per customer per transaction over the weekend is $160, with a population standard deviation of $30.
A manager claims her response time is <= 10 minutes on average with the sample Std of 2.5 minutes. If you gather 60 random samples from this process what "critical value" would the sample average have to exceed to reject her claim at 0.02
Prove that a risk-averse von Neumann-Morgenstern perticular will over-insure, fully insure, or under insure as per as the insurance is available at a price (pi sign) lower than, equal to, or higher than the actuarially fair price.
Assume that the riskiness of the projects is identical. Make an NPV profile & estimate the cross over rate. What does this tell us about the features of the two projects?
Determine the maximum utilization of days per 1,000 members that nursing home can experience before it starts to lose money?
produce new variables of M1, M2, M3, M4, M5, & M6 by recoding item30, item31, item32, item33, item34, item35 into dichotomous variables (1 = correct answer, 0 = incorrect answer). (Note: The correct answers on the math items are 3, 5, 3, 5, 4,
Elucidate what appears to be the improved trade-off among inflation and unemployment in the U.S. What factors might improve the trade-off.
Mean median, mode range and standard deviation for raw data.
Company is considering decreasing product K's unit sales to 80,000 and increasing product L's unit sales to 180,000, leaving untailored selling price per unit, variable expense per unit, and total fixed expenses. Would you suggest adopting this
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