Which Variance Is Least Likely to Be in the Control

question 12

Multiple Choice

Which variance is least likely to be in the control of healthcare managers?

• A) Price variance
• B) Efficiency variance
• C) Intensity variance
• D) Volume variance

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Definitions:

Greater Than

A mathematical symbol (>) used to indicate that the value on the left side is larger than the value on the right side.

Z-scores

Standardized scores that measure the distance of a score from the mean, indicating how many standard deviations an element is from the mean.

Standard Normal Distribution

A probability distribution that has a mean of 0 and a standard deviation of 1.

Greater Than

A mathematical expression indicating that one quantity is larger than another.