Week 1

1.) What is the marginal cost estimate of the Phase 4 hospital services, assuming that 60 percent of the designated costs are fixed and the remaining costs are variable?

Diagnostic Studies: Flat plate and upright films of the abdomen revealed a localized abnormal gas pattern in the right lower quadrant with no evidence of free air.

The Kelleher family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a $500 deductible per person. If one family member has doctor and prescription medication expenses of $1,100, what amount would the insurance company pay?

b) In order to calculate the mean or average for the governors and CEO’s, I added together all the figures and divided that sum by 4 since there

b-A discussion of how various major types of costs incurred by Home Depot were likely affected?

b. Why do you think Microsoft decided to defer a portion of its revenues in fiscal 1996?

6. Based on questions 3, 4, and 5 is the mean or median a better estimate for the parameter of interest? Explain your reasoning.

“Life is 10% what happens to you and 90% how you react to it.” I try to live by this quote by Charles R. Swindoll every day. I feel that this is a strong quote with a lot of meaning behind it and, it can be interpreted in many ways. In my opinion, we should see things in a positive way all the time. We also should do what we love every day because you never know how close you are to the end.

If you have the drive to succeed, you can get just as much out of the online education as you can from a normal classroom.

The last three weeks I have learned about three habits, and they are; habit 1 being proactive, habit 2 begin with the end in mind, and lastly, habit 3 first thing's first, I have an so learned how to use them anywhere.lastly, how they can/will improve my life for good and help me through a difficult path.

The worksheet “Insurance” in the Excel workbook MATH302_Midterm.xls, which is attached, contains data on the percentage of people without health insurance coverage. These data are based on samples taken in 2004 for the fifty states and the District of Columbia. Use these data to answer questions 1 through 4.On average, what percentage of the people in the fifty states and the District of Columbia does not have health insurance? Place your answer, rounded to 2 decimal places, in the blank. 14.15 Do not use a percent sign. For example, 17.76 would be a legitimate entry.

d. Since this is a variable pay and not a permanent increase, it does not ensure a long term

d. How much overhead cost do you think Bridgeton and the consultants implicitly assumed they would save by outsourcing these two products?

The capitated managed care agreement with the city allows the hospital to receive $250 per month per family for taking care of the 300 city employees and their families, whether they are sick or not. Utilizing the full cost method, the hospital incurs a profit loss of $51,898,395, meaning that a rate increase of $14,166.22 is required in order to cover the full cost for the year. When applying the differential cost the hospital also incurs a profit loss of $15,119, and a rate increase of $3,949.72 is required in order to cover the differential cost for the year.

d) Among all employees whose starting salary is below the median ($37,750), find a 95% confidence interval for the proportion who stay with D&Y for at least 3 years.