Four HIT Students Are Working on a LOS Project at Their

question 1440

Multiple Choice

Four HIT students are working on a LOS project at their clinical site. To describe the variability of the data, Smithson suggests using range because it is the most exact; Donaldson wants to use the mean because it is easy to calculate; Franklin recommends variance because it is the most popular measure of variability; and Howell proposes the use of standard deviation because it is the most easily understood. Who made the best suggestion?

• A) Smithson
• B) Donaldson
• C) Franklin
• D) Howell

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The goals that guide a business in setting the cost of a product or service to its customers, which can include maximizing profit, capturing market share, or achieving a target return on investment.

Market Share

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The act of lowering the price of products or services to attract more customers or sell off excess inventory.

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