The Amount of Snowfall Falling in a Certain Mountain Range

question 88

Multiple Choice

The amount of snowfall falling in a certain mountain range is normally distributed with a mean of 89 inches, and a standard deviation of 14 inches. What is the probability that the mean annual snowfall during 49 randomly picked years will exceed 91.8 inches?

• A) 0.0026
• B) 0.5808
• C) 0.0808
• D) 0.4192

Understand the definitions and functions of various health insurance terms and policies.

Identify the different health care delivery systems and their characteristics.

Recognize the role and implications of managed care in patient care coordination.

Comprehend the process and importance of precertification, preauthorization, and predetermination in health care.

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Definitions:

Goods and Services

Represents the output of an economy, where goods are physical items and services are activities provided by others for benefit or pleasure.

MRP

In economics, Marginal Revenue Product is the additional revenue generated by employing one more unit of a resource.

Market Wage Rate

The prevailing pay scale for work performed in a specific industry or occupation in a geographical area.

Hiring Labor

The process of employing people to perform work or services for wages or salary.