A Physician and President of a Tampa Health Maintenance Organization

question 298

Multiple Choice

A physician and president of a Tampa Health Maintenance Organization (HMO) are attempting to show the benefits of managed health care to an insurance company.The physician believes that certain types of doctors are more cost-effective than others.To investigate this,the president obtained independent random samples of 20 HMO physicians from each of 4 primary specialties - General Practice (GP) ,Internal Medicine (IM) ,Pediatrics (PED) ,and Family Physicians (FP) - and recorded the total charges per member per month for each.A second variable which the president believes influences total charges per member per month is whether the doctor is a foreign or USA medical school graduate.To investigate this,the president also collected data on 20 foreign medical school graduates in each of the 4 primary specialty types described above.Altogether,information on charges for 40 doctors (20 foreign and 20 USA medical school graduates) was obtained for each of the 4 specialties.The president has already found out that specialty types and origin of the medical degree do not interact to affect the charges.Which of the following tests will be the most appropriate to find out if the primary specialty affects the charges?

• A)Tukey-Kramer multiple comparisons procedure for one-way ANOVA
• B)One-way ANOVA F test for differences among more than two means
• C)Two-way ANOVA F test for primary specialty effect
• D)Two-way ANOVA F test for origin of the medical degree effect

Grasp the concept and implications of residual dividend policy.

Understand the procedures and dates relevant to dividend payment and entitlement.

Analyze the strategic reasons for share repurchases and their impact on firm value.

Comprehend the tax considerations affecting investor preferences regarding dividends and capital gains.

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Definitions:

Economic Services

Economic services are activities that generate economic value or provide support to the economic infrastructure, including banking, retail, transportation, and healthcare.

Coastal Wetlands

Ecosystems located along coastlines where water and land meet, playing critical roles in flood protection, water purification, and providing habitat for diverse wildlife.

Mangrove Swamps

Coastal wetlands found in tropical and subtropical regions, characterized by salt-tolerant trees and dense vegetation adapted to waterlogged conditions.

Ecologically

Pertaining to the relationships between living organisms and their environments.