The Following Data Show the Yearly Salaries of a Sample

question 83

Short Answer

The following data show the yearly salaries of a sample of EMBA graduates. $$\begin{array}{l}\text { EMBA Student }&\text {Salary (in } \$ 1,000 \text { ) }\\\mathrm { A } & 88 \\\mathrm {~B} & 97 \\\mathrm { C } & 90 \\\mathrm { D } & 110 \\\mathrm { E } & 114 \\\mathrm {~F} & 98 \\\mathrm { G } & 92 \\\mathrm { H } & 95\end{array}$$ ​
a.
Compute the mean yearly salary and give your answer in dollars.
b.
Compute the standard deviation and give your answer in dollars.
c.
Compute the 75th percentile and give your answer in dollars. Fully explain what the value that you have determined indicates.

Describe prescription medication coverage under Medicare.

Understand the concept of pre-authorization for medical procedures and its importance in healthcare coverage.

Identify different methods of electronic claims transmission.

Explain the review process for medical necessity in healthcare claims.

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Definitions:

Types of Power

Various forms of influence that individuals or groups can possess, including but not limited to, coercive, legitimate, expert, and referent power.

Acknowledged

Recognized or admitted as being significant or important.

Managing

The process of directing and controlling a group or organization to achieve its goals.

Leading

The act of guiding, directing, or influencing others towards achieving a common goal or objective.