Why Is It Necessary for a Clinical Laboratory Professional to Develop

question 5

Multiple Choice

Why is it necessary for a clinical laboratory professional to develop a strong understanding of statistics?

• A) To comprehend data published in research papers and prepare data for possible publication
• B) To determine whether laboratory equipment is functioning properly
• C) To understand manufacturer instructions for testing methods and laboratory equipment
• D) All of the above

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Definitions:

Costs of Turnover

Expenses associated with an employee leaving a company, including recruitment, training, and lost productivity costs.

Recruitment

The process of finding, attracting, and hiring candidates for a job or role within an organization.

Lost Revenue

The amount of money that a company fails to earn due to factors such as lost sales, business opportunities, or production downtime.

Sarbanes-Oxley

It is a United States federal law that set new or expanded requirements for all U.S. public company boards, management, and public accounting firms, with the aim of improving corporate governance and accountability.